UBS downgraded GQG from a buy to a neutral rating and reduced the stock's price target from A$3.30 to A$2.30. The shares were last trading at A$2.07. The bank's analysts said their estimate of A$ ...
Shares in GQG Partners dived on the ASX after UBS downgraded its rating on the fund manager due to a slowdown in flow ...
The fallout from the US Department of Justice bribery charges against the Adani Group and its chairman, Gautam Adani, has ...
The Adani bribery charges have sparked a “snap change” in client flows for the fund manager and research analysts are cutting ...
GQG Partners shares drop after UBS downgrade due to Adani Group ties, while Adani Green Energy faces uncertain future.
UBS cut its target price on GQG — the fourth largest investor in Adani Enterprises — to Australian dollars $2.30 from AU$3.30 This is the Swiss firm's first ever downgrade of the stock since ...
UBS also cut its target price on the firm from AU$3.30 to AU$2.30, and this marks the Swiss bank's first ever downgrade of ...
By Scott Murdoch SYDNEY (Reuters) -Shares of Australian-listed GQG Partners tumbled 13% on Monday after UBS downgraded the ...
SYDNEY, Dec 2 (Reuters) - Shares of Australian-listed GQG Partners tumbled 13% on Monday after UBS downgraded the stock and said the firm may have lost A$600 million ($390 million) in funds under ...