Business
These were the best performing ASX 200 shares last week 2 January 2021
The S&P/ASX 200 Index (ASX: XJO) ended the final week of 2020 in a disappointing fashion. The benchmark index lost 1.2% of its value to finish at 6,587.1 points.
While a good number of shares dropped lower, some managed to defy the market weakness and push higher. Here’s why these were the best performers on the ASX 200 last week:
The Omni Bridgeway share price was the best performer on the ASX 200 last week with a 10.8% gain. This may have been driven by a recent broker note out of Goldman Sachs. Its analysts are very bullish on the dispute resolution finance company and recently put a conviction buy rating and lofty $5.50 price target on its shares. This compares to the latest Omni Bridgeway share price of $4.30.
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