Risk factor
Limited default risk
Profitability factor
Greatly overvalued vs peers
About
Pinnacle Investment Management Group Limited is an investment management company based in Australia. The firm delivers a range of services, encompassing third-party fund distribution and crucial infrastructure and support for its affiliated entities and other investment managers. Moreover, it serves as a corporate trustee and responsible entity for both retail and wholesale investment trusts. Established in 1895, the company was formerly known as Wilson Group Limited until it adopted its current name in August 2016. Its primary headquarters are located in Sydney, Australia, with additional offices in Brisbane, Melbourne, Australia, and London, United Kingdom.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITDA,
Target Price
The average target price of PNI.AX is 21 and suggests 25.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr