CLSA downgrades Westpac Banking to Outperform (2)

  • Investing.com
CLSA downgrades Westpac Banking to Outperform (2)

A CLSA analyst downgraded Westpac Banking (ASX: WBC) from Buy (1) to Outperform (2) with a price target of $22.80 from a prior price target of AUD26.40.

Prior to this rating, Westpac Banking had 7 buy ratings, 4 hold ratings, and 5 sell ratings.

For consensus analyst estimates and price targets on Westpac Banking, click here. For more news on Westpac Banking, click here.

Westpac Banking's stock price closed at $21.660. They are up 0.09% in the last month and down -9.560% in the last 12 months.

According to Investing Pro, Westpac Banking's fair value is $27.298, an upside of 25.855%. Westpac Banking's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Westpac Banking's recent earnings performance and financials here.

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