What’s MM’s updated price targets on CBA?

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Question asked 02/04/2022

What’s MM’s updated price targets on CBA?

Hi James, I missed out on selling CBA at $110, when you sold out. What would be your current target. There are some financial commentators who believe the upside to the big four is limited, too much competition and a limit to the ability to pass on rising Rates. How do you see it James? Love your work, more depth to my knowledge since I became a subscriber. Regards

Answer

Hi Indran,

We can see CBA retesting $110 this month but as we’ve written a few times we will consider selling in this area.

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Commonwealth Bank (CBA)

LAST UPDATED 01/04/2022 16:44

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