Myer Holdings Limited

(MYR)

ASX

Recommendation:

Hold

Share Price:

AUD

Market Cap:

$

Myer's shares have been on a strong run reaching a fresh 5-year high, recovering from a turn around in profitability and stronger sales update from rivals over the Christmas period as well as Private Equity companies circles competitors like David Jones and City Chic. We remain underweight retail, as we think secular pressures are likely to hit retail hard, especially discretionary retail. That majority of its value is now on a potential takeover.

Do You Want Daily Market Insights?

If you’re interested in staying up-to-date with the latest news and analysis on stocks, be sure to sign up to BlackBull Research.

1 Month Free Trial

Access our expert stock market research Free of charge with no obligation

Latest Research

Surprise Second Half Profit

Myer Holdings Limited
3 December 2021

Government Assisted Profit

Myer Holdings Limited
1 July 2021

Avoid the Clearance Bin

Myer Holdings Limited
11 October 2020

Turnaround Knocked Off-Course

Myer Holdings Limited
15 March 2020

1st Profit Increase in 9 Years

Myer Holdings Limited
14 September 2019

A Surprise Profit

Myer Holdings Limited
20 March 2019

Recommendation:

Hold

Share Price:

AUD

Market Cap:

$

Latest Research

Surprise Second Half Profit

Myer Holdings Limited
3 December 2021

Government Assisted Profit

Myer Holdings Limited
1 July 2021

Avoid the Clearance Bin

Myer Holdings Limited
11 October 2020

Turnaround Knocked Off-Course

Myer Holdings Limited
15 March 2020

1st Profit Increase in 9 Years

Myer Holdings Limited
14 September 2019

A Surprise Profit

Myer Holdings Limited
20 March 2019

Free 1 Month Free Trial

Unlock this article & access our expert stock market research

ASX, NZX & USD Stock Buy, Hold, Sell recommendations. Model Portfolios. Daily news and more

[pmpro_checkout]