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Platinum Asset Management Ltd (AU:PTM)
ASX:PTM
RESEARCH TOOLSreports
Platinum Asset Management Ltd (PTM) Share Forecast & Price Target
12 Followers
See the Price Targets and Ratings of:
PTM Analyst Ratings
Strong Sell
0 Buy
0 Hold
3 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
PTM Stock 12 Month Forecast
Average Price Target
AU$0.98
▼(-7.97% Downside)
| Highest Price TargetAU$1.05 | Average Price TargetAU$0.98 | Lowest Price TargetAU$0.90 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Goldman Sachs
Reiterated
07/11/24
Jarden
Reiterated
07/03/24
J.P. Morgan
Reiterated
05/07/24
Citi
AU$1
Sell
AU$1.00
(-5.88% Downside)
Reiterated
02/29/24
Citi Reiterates Sell Rating on Platinum Asset Management Ltd. (PTM:AU) (PTMGF)Citi analyst Christopher Kightley reiterated a Sell rating and AUD1.00 price target on Platinum Asset Management Ltd. (PTM:AU) (OTC: PTMGF).
CLSA
AU$1.5→AU$1.2
Sell
AU$1.20
(12.94% Upside)
Reiterated
10/11/23
Platinum Asset Management Ltd. (PTM:AU) (PTMGF) PT Lowered to AUD1.20 at CLSACLSA analyst Ed Henning lowered the price target on Platinum Asset Management Ltd. (PTM:AU) (OTC: PTMGF) to AUD1.20 (from AUD1.50) while maintaining a Underperform (4) rating.
Morgan Stanley
AU$1.45→AU$1.3
Sell
AU$1.30
(22.35% Upside)
Reiterated
09/04/23
Platinum Asset Management Ltd. (PTM:AU) (PTMGF) PT Lowered to AUD1.30 at Morgan StanleyMorgan Stanley analyst Andrei Stadnik lowered the price target on Platinum Asset Management Ltd. (PTM:AU) (OTC: PTMGF) to AUD1.30 (from AUD1.45) while maintaining a Underweight rating.
Unknown Analyst
Not Ranked
Ord Minnett
AU$1.25→AU$1
Hold
AU$1.00
(-5.88% Downside)
Reiterated
04/02/24
Best Analysts Covering Platinum Asset Management Ltd
Which Analyst Should I Follow If I Want to Buy AU:PTM and Sell After:
1 Month
xxx
Success Rate
7/10 ratings generated profit
Average Return
+5.34%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 70.00% of your transactions generating a profit, with an average return of +5.34% per trade.
3 Months
xxx
Success Rate
6/10 ratings generated profit
Average Return
+6.71%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 60.00% of your transactions generating a profit, with an average return of +6.71% per trade.
1 Year
Success Rate
7/8 ratings generated profit
Average Return
+23.69%
reiterated a sell rating 10 months ago
Copying Ed Henning's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +23.69% per trade.
2 Years
xxx
Success Rate
7/8 ratings generated profit
Average Return
+29.65%
reiterated a xxx
rating 10 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 87.50% of your transactions generating a profit, with an average return of +29.65% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
PTM Analyst Recommendation Trends
Rating
Feb 24
Mar 24
Apr 24
May 24
Jul 24
Strong Buy
0
0
0
0
0
Buy
0
0
0
0
0
Hold
0
4
5
5
1
Sell
6
9
7
6
4
Strong Sell
0
0
0
0
0
total
6
13
12
11
5
Each month's total comprises the sum of three months' worth of ratings.
PTM Financial Forecast
PTM Stock Forecast FAQ
What is AU:PTM’s average 12-month price target, according to analysts?
Based on analyst ratings, Platinum Asset Management Ltd’s 12-month average price target is AU$0.98.
What is AU:PTM’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for AU:PTM, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Platinum Asset Management Ltd a Buy, Sell or Hold?
Platinum Asset Management Ltd has a consensus rating of Strong Sell, which is based on 0 buy ratings, 0 hold ratings and 3 sell ratings.
What is Platinum Asset Management Ltd’s share price target?
The average share price target for Platinum Asset Management Ltd is AU$0.98. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is AU$1.05 ,and the lowest forecast is AU$0.90. The average share price target represents -7.97% Decrease from the current price of AU$1.063.
The highest analyst share price target is AU$1.05 ,and the lowest forecast is AU$0.90. The average share price target represents -7.97% Decrease from the current price of AU$1.063.
What do analysts say about Platinum Asset Management Ltd?
Platinum Asset Management Ltd’s analyst rating consensus is a Strong Sell. This is based on the ratings of 3 Wall Streets Analysts.
How can I buy shares of Platinum Asset Management Ltd?
To buy shares of AU:PTM, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.