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Shares of Medibank Private Ltd (ASX: MPL) surged as much as 5.2% to a record AUD 5.31 on Monday, after Morgan Stanley upgraded the Australian health insurer to “overweight” from “equal-weight” and raised its price target to AUD 5.57, the highest among analysts tracked.
Shares of Suncorp Group Ltd (ASX: SUN) climbed 2% to close at a record high of AUD 22.04 on Tuesday, following an update on its FY26 catastrophe reinsurance program that suggests reduced coverage costs year over year. The stock rose as much as 2.5% …
Shares of Insignia Financial Ltd (ASX:IFL) surged as much as 10.7% on Tuesday, hitting AUD 4.020, the stock’s highest level in over seven weeks. The move marked the company’s largest single-day percentage gain since March 7 and made it the top-performing stock on the …
Analysts at Macquarie Group Ltd (ASX:MQG) have reiterated theirOutperformrating onSantos Ltd (ASX:STO), setting a 12-month price target ofAUD 8.85, suggesting a potential upside of nearly16%from the current trading level of AUD 7.66. The reaffirmation follows Santos’ recent announcement that it has granted asix-week exclusive …
Australian gold stocks advanced on Tuesday, with the S&P/ASX All Ordinaries Gold Index (AXGD) rising 1.7%, the sharpest intraday percentage gain since mid-June. The sub-index briefly surged as much as 2.1% during the session before slightly paring gains. This marks a second consecutive session …
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