Analysts raise NZX Ltd target price after guidance lift

Analysts raise NZX Ltd target price after guidance lift
After the NZX's guidance announcement, shares rose 4.4%. (Image: NZME)
Gregor Thompson
Forsyth Barr and Jarden analysts have raised their target prices for exchange operator NZX following a 10% guidance lift. NZX Ltd said Monday it expects full-year 2024 operating earnings before interest, taxes, depreciation, and amortisation (ebitda) to be between $45 million and $49m, the middle range of which is 10% higher than previous guidance.After the announcement, shares rose 4.4% to end the day at $1.43. They were up again Tuesday, closing at $1.44.  Late Monday night, Jarden analysts Grant Lowe and Zachary McIntyre raised the...

More Markets

Inside Ebos’s ‘revolutionary’ $1.1 billion deal
Markets

Inside Ebos’s ‘revolutionary’ $1.1 billion deal

In 2013, Ebos swallowed a giant. Now it’s the end of an era.

Analysts eye upside in property sector as values stabilise
Property

Analysts eye upside in property sector as values stabilise

On average, listed property companies are trading at a 22% discount to NTA.

Why MCK’s failed takeover lost Sharesies a customer
Markets

Why MCK’s failed takeover lost Sharesies a customer

This former Sharesies user made bank on MCK, but is leaving the platform anyway.

Ebos’ index weight grows; NZX 50 drops 0.7%
Markets Market Close

Ebos’ index weight grows; NZX 50 drops 0.7%

The a2 Milk Company sunk about 5%.

Gregor Thompson 03 Jun 2025