Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

ASX (ASX.AX)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (A$)	Price Target (A$)	Rating
2022-01-24	83.77	75.00	Sell
2022-02-10	83.41	77.00	Sell
2022-07-05	82.82	75.00	Sell
2022-08-18	81.27	73.00	Sell
2022-11-17	71.00	68.00	Sell
2023-03-01	67.56	70.00	Neutral
2023-06-07	61.37	59.00	Sell
2023-08-17	60.50	58.00	Sell
2023-11-06	57.22	53.00	Sell
2024-01-09	62.57	56.00	Sell
2024-06-13	58.14	55.00	Sell
2024-08-16	64.06	57.00	Sell
2024-11-27	65.52	64.15	Sell
2024-12-05	68.44	64.90	Sell
2025-01-07	65.67	65.00	Sell
2025-02-13	66.35	66.00	Sell
2025-04-04	63.47	62.50	Sell

Disclosures

UBS has acted as manager/co-manager in the underwriting or placement of securities of this company/entity or one of its affiliates within the past 12 months.
Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.
An employee of UBS is an officer, director, or advisory board member of this company.
UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.