NewsBite

'Oversold' ANZ shares soar as UBS upgrades to 'buy'

Clancy YeatesBanking reporter
Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

ANZ Bank shares are enjoying a rare break from the recent gloom surrounding bank today, rising by 2.7 per cent to $26.23, the biggest increase of the big four today.

The increase comes hot on the heels of a change in view from one of the market's highest-rated bank watchers, UBS analyst Jonathan Mott.

Loading...
Clancy Yeates is deputy business editor. He has covered banking and financial services, and was previously national business correspondent in the Canberra bureau. Connect with Clancy on Twitter.

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Latest In Financial services

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/financial-services/oversold-anz-shares-soar-as-ubs-upgrade-to-buy-20151111-gkwfb3