Business
Meet the most unpopular ASX large cap stock according to analysts
Australia has the dubious honour of having the most unpopular listed stock exchange operator in the world in the eyes of analysts.
I am referring to the ASX Ltd (ASX: ASX) share price, which is lagging behind its peers.
But that hasn’t won it any friends among stock analysts, especially after its latest screw up that shut down the exchange two weeks ago.
Worst rated ASX stock on the ASX 200
Even with the underperforming ASX share price, stock analysts believe the stock is still too expensive, reported Bloomberg.
There are zero sell-side analyst willing to recommend the ASX as a “buy” and 11 “sell” ratings. This makes the stock the lowest ranked stock by consensus rating on the S&P/ASX 200 Index (Index:^AXJO)!
If that…
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