ASX:ASXCapital Markets
Assessing ASX Limited’s Valuation After JP Morgan Upgrade And First Half Earnings Beat
Why ASX Limited is back in focus after a sharp one day move
ASX (ASX:ASX) jumped after JP Morgan upgraded the stock, shortly after a preliminary first half update showed revenue and earnings ahead of expectations, while full year expense guidance was lifted.
See our latest analysis for ASX.
The upgrade and earnings beat come after a choppy period where ASX has seen a 7 day share price return of 6.43% and a 30 day share price return of 11.35%. However, a 1 year total shareholder return of...