Business
Westpac (ASX:WBC) share price to close gap with CBA (ASX:CBA) says Morgans
Anticipation is building in the banking sector as the reporting season kicks off and the Westpac Banking Corp (ASX: WBC) share price is tipped to be the biggest winner.
That’s the view from Morgans as the broker believes the WBC share price will close the gap with the outperforming Commonwealth Bank of Australia (ASX: CBA) share price.
This isn’t to say that the broker has dour expectations for CBA. In fact, its feeling bullish for the entire ASX banking sector during this reporting season.
CBA to set the mood for ASX banking sector
But it’s the Commonwealth Bank of Australia (ASX: CBA) share price that’s stealing the spotlight as it’s the only one of the big four that will hand in its half year report card.
As the…
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