NAB (ASX:NAB) share price lifts amid reports of another pay scandal
NAB (ASX:NAB) share price lifts amid reports of another pay scandal
The National Australia Bank (ASX: NAB) share price is up slightly after reports the bank will face legal action for alleged unpaid wages.
Marc is a Master of Journalism and Communications student at UNSW and journalist at The Motley Fool. He has a passion for journalism and news with a keen interest in business, the media, politics, foreign affairs, and how they intersect in everyday life.
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May 26, 1:03pm AEST
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Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a large number of broker notes this week.
Three broker buy ratings that have caught my eye are summarised below. Here’s why brokers think these ASX shares are in the buy zone:
According to a note out of
Macquarie, its analysts have retained their
outperform rating and $1.50 price target on this lithium miner’s shares. This follows the announcement of a potential joint venture with
Calix Ltd(ASX: CXL) which is exploring the possibility of the construction of a facility that will process spodumene into a mid-stream lithium product. In addition, the company has revealed that it will soon make a decision on whether to restart the Ngungaju plant or the Altura project. The Pilbara Minerals share price is currently fetching $1.22.
Suncorp (ASX:SUN) share price hits a 52-week high: Can it go higher?
James Mickleboro | May 11, 2021 4:35pm |
More on:
Earlier today the
Suncorp Group Ltd(ASX: SUN) share price briefly touched on a 52-week high of $11.18 before market weakness dragged it lower.
When the insurance and banking giant’s shares hit that level, it meant they were up a sizeable 12% since the start of the year.
Can the Suncorp share price keep on climbing?
Despite the strong form of the Suncorp share price in 2021, one leading broker believes it still has plenty of gas in the tank.
According to a note out of Goldman Sachs this morning, its analysts have retained their buy rating and $12.05 price target on the company’s shares.
Citi's Australia unit draws interest from major local banks americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.