ASX:CBABanks
Assessing Commonwealth Bank of Australia (ASX:CBA) Valuation As Fixed Mortgage Rates Climb Ahead Of RBA Decision
Commonwealth Bank of Australia (ASX:CBA) has lifted fixed mortgage rates by up to 0.70%, reflecting its view that Reserve Bank policy may tighten as strong consumer spending and inflation pressures remain in focus.
See our latest analysis for Commonwealth Bank of Australia.
At a latest share price of A$154.30, the stock has had a modest 0.52% 1 day and 0.70% 7 day share price return. The 90 day share price return of an 8.33% decline suggests recent momentum has cooled, even as the 5 year...