Computershare downgraded to Hold

This share registry company is up 20% since we recommended it in December. We're downgrading to Hold.

When we reported on Computershare’s interim result last month, we explained that the investment case had changed somewhat: 'Instead of needing an increase in corporate activity and higher interest rates,' we wrote, 'we can get by with just hoping for them and exercising patience – something we have plenty of’.

Well we haven’t needed much of it so far, because the stock has added 15% in a month and is now up 20% since we recommended buying in December. That puts it well beyond our $12 Buy price, so we’re downgrading back to HOLD.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles