Commonwealth Bank of Australia

Analysts Maintain Sell Rating on Commonwealth Bank of Australia

Citi Analyst Maintains Sell Rating on Commonwealth Bank of Australia

Commonwealth Bank of Australia Suspends Fees and Provides Goodwill Payments

UBS Maintains Sell Rating on Commonwealth Bank of Australia Stock

Commonwealth Bank of Australia Announces Strategy to Adapt to New Economic Landscape

Storey Analyst Recommends Selling Commonwealth Bank of Australia Stocks

Analyst Storey Covers Commonwealth Bank of Australia with Sell Rating

Storey Reiterates Hold Rating on Commonwealth Bank of Australia

CBA predicts AUD short-term rebound may be followed by decline due to USD recovery

Commonwealth Bank Launches Home Energy Upgrade Service

CBA Extends Six-Year Partnership with Football Australia

CBA Acquires Shares in Siteminder Ltd

CBA Acquires 5.15% Stake in Siteminder Ltd

CBA Reduces Housing Loan Rate

CBA reports Q3 cash profit rise

Commonwealth Bank of Australia issues floating-rate notes

Commonwealth Bank of Australia announced Director Katherine Neisha Howitt acquired 50 shares through the Non-Executive Director Share Plan, increasing her stake in the company. This move may indicate confidence in the bank's future performance. The latest analyst rating for AU:CBA stock is a Sell with a A$143.20 price target.

Tip Ranks

Commonwealth Bank of Australia Director Increases Shareholding

Australian shares traded in a narrow range as banking sector weakness offset gains in other sectors. The S&P/ASX 200 index held steady but remains down 7% from its October high. Financials hit a six-month low, with Commonwealth Bank falling 0.8%. Technology stocks also declined, while miners and energy stocks rose. The S&P/NZX 50 index in New Zealand increased by 0.2%.

Reuters

Australian shares range-bound as sector-wide strength counters banking slump

Commonwealth Bank of Australia, the country's largest lender, believes demand for home loans is too high, pushing property prices up. CEO Matt Comyn stated that a lower level of housing credit growth would be better for long-term financial stability. The bank benefitted from the surge in housing credit growth, but a more sustainable rate is needed. The Australian Bureau of Statistics reported a 6.4% rise in new loan commitments in Q3. Comyn expects the cash rate to remain at 3.6% through 2026 due to high inflation.

Commonwealth Bank, Australia's biggest lender, says home loan demand is too high

NABZY

Australian shares hit a four-month low, with the S&P/ASX 200 index down 0.7% due to declines in financials and miners. Commonwealth Bank of Australia fell nearly 2%, while Westpac and National Australia Bank also declined. Miners dropped 1%, affected by weak copper and gold prices. Technology stocks fell 4.2%, with TechnologyOne down 9%. The Reserve Bank of Australia's minutes suggest potential policy easing. New Zealand's S&P/NZX 50 index fell 0.4%.

Westpac Banking

National Australia Bank (NAB)

Australian shares slip to four-month low as banks, miners tumble

Australian shares closed flat near four-month lows as declines in major banks offset gains in the energy sector. The S&P/ASX 200 index remained at 8,635.40 points. Financials fell 0.2%, with Commonwealth Bank of Australia down nearly 1% and Macquarie down 2.3%. Energy stocks rose 1.1%, led by Woodside. Analysts at Citi are optimistic about ANZ and Westpac. Discretionary stocks ended up 0.2%. New Zealand's S&P/NZX 50 index rose 0.3%.

Australian shares end flat as financials counter energy sector boost

Jarden's Matthew Wilson and Morgan Stanley both maintain a Sell rating on Commonwealth Bank of Australia, with price targets of A$100.00 and A$143.20 respectively. Wilson, a 2-star analyst, has an average return of 0.4% and a 48.65% success rate, focusing on the Financial sector.

Commonwealth Bank of Australia (CBA) Receives a Sell from Jarden

The S&P/ASX 200 fell 0.8% to below 8,720, marking a three-month low after strong jobs data reduced expectations for rate cuts. Unemployment dropped to 4.3% and employment rose by 42,200, surpassing expectations. This led to a decrease in the likelihood of a May rate cut. Energy shares fell 1.8%, and tech shares dropped 1.4%, with Xero down 4.6%. Among banks, ANZ fell 3.7%, while Commonwealth Bank rose 0.7%.

Trading Economics

Xero Limited

Australian Shares Hit 3-Month Low

The ASX 200 saw major bank stocks become "cheaper" this week as P/E Ratios fell following disappointing updates from Bendigo and Adelaide Bank and Commonwealth Bank of Australia. Energy stocks Woodside and Santos also experienced value rating declines despite share price rallies. Helia Group, IPH, and Inghams Group topped the list with the highest grossed-up dividend yields. The report provides insights into key financial metrics, including P/E and PEG Ratios, and highlights changes in stock rankings based on these fundamentals.

Market Index

Woodside Petroleum Ltd

ASX 200 stocks with the best fundamentals: Dividend yield, PE Ratio, PEG Ratio – Week 46