ASX (ASX:ASX) has an average rating of hold and mean price target of AU$54.94, according to analysts polled by FactSet.
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Indian benchmarks ended on a flat note on Wednesday as investors turned cautious amid mixed signals coming from the U.S.-Iran talks.Washington and Tehran have been in negotiations to end the war, but recent attacks from the U.S. are now complicating peace efforts.Iran said the U.S. had breached a ceasefire by striking targets near the Strait of Hormuz. In response, the U.S. claimed the strikes were an act of self-defense.At close, BSE Sensex slipped 141.89 points, or 0.2%, to 75,867.81, while Nifty 50 fell marginally to 23,907.15.In corporate news, shares of Gillette India (NSE:GILLETTE, BOM:507815) jumped 6% after reporting its profit rose to 1.93 billion Indian rupees in the fiscal fourth quarter ended March 31 from 1.59 billion rupees a year ago.Meanwhile, shares of Goldiam International (NSE:GOLDIAM, BOM:526729) rose marginally after announcing its consolidated net profit climbed to 393.9 million Indian rupees in the fiscal fourth quarter from 270.2 million rupees a year ago.
Flight Centre Travel Group (ASX:FLT) has an average rating of buy and mean price target of AU$15.54, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Yang Guang (SHE:000608) unit Shenzhen Ruihe will receive an additional 300 million yuan loan from Chengxi Kehui, a company wholly owned by controlling shareholder Liu Dan.The 24-month unsecured loan carries a 2.9% annual interest rate, according to a Wednesday filing with the Shenzhen bourse.Shares of the real estate company closed 10% higher Wednesday.