New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>NZX's investor day provided assurance it is on the right track, with execution of its strategy the key near-term focus.</li><li>In addition, tailwinds for the Market business are appearing as expected — partly cyclical, and partly positive initiatives to remove listing roadblocks.</li><li>We have lifted our target price +10cps (+6%) to NZ$1.70 as we now have enough confidence to ascribe some value to the Wealth Technologies business, albeit modest, with upside dependent on execution, particularly on cost. </li></ul>

NZX's investor day provided assurance it is on the right track, with execution of its strategy the key near-term focus.In addition, tailwinds for the Market business are appearing as expected — partly cyclical, and partly positive initiatives to remove listing roadblocks.We have lifted our target price +10cps (+6%) to NZ$1.70 as we now have enough confidence to ascribe some value to the Wealth Technologies business, albeit modest, with upside dependent on execution, particularly on cost. 

NZX

Nzx - Par for the Course at the Bourse