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With interest rates likely to remain low for some time to come, the yields on the ASX dividend shares listed below could be even more attractive than normal for income investors.

Here’s what you need to know about these blue chip dividend shares that are rated as buys:

Coles Group Ltd (ASX: COL)

The first ASX dividend share to consider is this supermarket, convenience store, and liquor retailing giant.

As was widely expected, Coles recently released a strong full year result for FY 2021. For the 12 months ended 30 June, it reported a 3.1% increase in revenue to $38,562 million and a 7.5% lift in net profit after tax to $1,005 million.

This strong form allowed Coles to increase its full year dividend by 6% to a fully franked 61 cents per share.

The team at Macquarie were pleased with its performance. In response, the broker put an outperform rating and $19.80 price target on its shares.

Macquarie is also forecasting modest dividend growth in the near term. It has pencilled in dividends of 62.2 cents per share in FY 2022 and 64.8 cents per share in FY 2023. Which, based on the current Coles share price of $17.86, implies fully franked yields of 3.5% and 3.6%, respectively.

National Australia Bank Ltd (ASX: NAB)

Another ASX dividend share to look at is this banking giant. Like Coles, it has been a strong performer in FY 2021, reporting stellar profit growth during the first half of the year. This leaves it well-placed to deliver a solid full year result in the coming months.

But that’s not all NAB has done this year. It has also announced the proposed acquisition of Citi’s Australian consumer operations for $1.2 billion. This is expected to boost its position in areas of banking that it was lacking.

Despite this purchase, the company’s balance sheet remains very strong and well-ahead of APRA’s unquestionably strong benchmark. This excess capital could mean share buybacks are undertaken later this year like its peers.

Analysts at Goldman Sachs are very positive on the bank. This is due to NAB’s cost management initiatives, strong position in business banking, and its excellent management of volumes and margins.

Goldman has a conviction buy rating and $30.62 price target on the bank’s shares. This compares to the latest NAB share price of $27.41. The broker is also forecasting generous yields of 4.3%, 4.8%, and 5.1%, respectively, between FY 2021 and FY 2023.

The post 2 blue chip ASX dividend shares to buy appeared first on The Motley Fool Australia.

More reading

• The NAB (ASX:NAB) share price has hit a 52-week high. Here’s why.
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• ASX 200 company bosses lobby for reopening plan
• Top broker picks best ASX 200 bank shares to buy coming out of reporting season
• How does the NAB dividend compare to its sector?

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On Thursday the S&P/ASX 200 Index (ASX: XJO) was out of form and dropped lower. The benchmark index fell 0.55% to 7,485.7 points.

Will the market be able to bounce back from this on Friday? Here are five things to watch:

ASX 200 expected to rise

The Australian share market looks set to end the week on a positive note. According to the latest SPI futures, the ASX 200 is expected to open the day 17 points or 0.2% higher. This follows a decent night of trade on Wall Street, which saw the Dow Jones rise 0.4%, the S&P 500 climb 0.3%, and the Nasdaq edge 0.15% higher.

Telstra named as buy

The Telstra Corporation Ltd (ASX: TLS) share price is in the buy zone according to analysts at Goldman Sachs. The broker has been looking through the telco sector and has retained its buy rating and $4.30 price target on its shares. Goldman notes that there have been recent NBN price rises from providers and expects this market rationality to continue in FY 2022.

Oil prices rise

Energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could end the week on a positive note after oil prices pushed higher overnight. According to Bloomberg, the WTI crude oil price is up 1.6% to US$69.70 a barrel and the Brent crude oil price is up 1.6% to US$72.75 a barrel. Optimism over the global economic recovery drove prices higher.

Gold price falls

Gold miners Newcrest Mining Ltd (ASX: NCM) and St Barbara Ltd (ASX: SBM) will be on watch after the gold price edged lower overnight. According to CNBC, the spot gold price is down 0.2% to US$1,811.90 an ounce. Traders appear undecided on what recent economic data means for the gold price.

Shares going ex-dividend

A number of shares are going ex-dividend today and could trade lower. This includes fuel retailer Ampol Ltd (ASX: ALD), regional bank Bendigo and Adelaide Bank Ltd (ASX: BEN), and financial technology company Bravura Solutions Ltd (ASX: BVS).

The post 5 things to watch on the ASX 200 on Friday appeared first on The Motley Fool Australia.

More reading

• Here are the 3 most traded ASX 200 shares on Thursday
• ASX 200 down, Flight Centre rises, Redbubble falls
• Here are the top 10 ASX 200 shares on Thursday
• Energy shares are the only ASX 200 sector on the rise this Thursday
• ASX 200 midday update: BHP sinks, Flight Centre expansion

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Bravura Solutions Ltd. The Motley Fool Australia owns shares of and has recommended Bravura Solutions Ltd and Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Are you looking for some quality ASX dividend shares that could grow over the 2020s? If you are, then you may want to look at the ones listed below.

Here’s what you need to know about these dividend shares:

Collins Foods Ltd (ASX: CKF)

The first ASX dividend share to look at is Collins Foods. It is a leading quick service restaurant operator with a focus on KFC restaurants in Australia and Europe. It also has a growing network of Taco Bell restaurants across several Australian states.

Collins Foods was a solid performer again in FY 2021. It reported a 12.4% increase in revenue to $1.07 billion and an 18.2% lift in underlying net profit after tax to $56.9 million. This was driven largely by its KFC Australia business, which reported same store sales growth of 12.9%.

The team at Canaccord Genuity were pleased with its performance. In response, its analysts put a buy rating and $13.35 price target on the company’s shares.

Canaccord Genuity is also forecasting further dividend growth in the coming years. It has pencilled in fully franked dividends per share of 26 cents in FY 2022 and then 29 cents in FY 2023. Based on the latest Collins Foods share price of $12.49, this will mean yields of 2.1% and 2.3%, respectively.

Transurban Group (ASX: TCL)

Another ASX dividend share to look at is this toll road operator. While lockdowns have made many of its road barren, it is worth remembering that this is only temporary. As we saw last year, when life returns to normal, traffic volumes quickly recover.

So with the vaccine rollout going well, it may not be long until its roads are busy once again.

Analysts at Macquarie are positive on the company. This morning the broker retained its buy rating but trimmed its price target slightly to $14.66. Macquarie is forecasting dividends of 42.3 cents per share in FY 2022 and then 64.3 cents per share in FY 2023.

Based on the current Transurban share price of $14.36, this will mean yields of 3% and 4.5%, respectively.

The post 2 top ASX dividend shares rated as buys this month appeared first on The Motley Fool Australia.

More reading

• The Transurban (ASX:TCL) share price gained 6% in 3 weeks. Here’s why
• ASX 200 Weekly Wrap: A mixed bag of earnings dominates ASX
• 2 buy-rated ASX dividend shares for income investors
• 2 quality ASX dividend shares rated as buys this month
• 2 ASX dividends shares with attractive yields

Motley Fool contributor James Mickleboro owns shares of Collins Foods Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Collins Foods Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you are looking to bolster your portfolio with some ASX 200 shares, you may want to look at the three listed below.

Here’s why these ASX 200 shares are highly rated right now:

Goodman Group (ASX: GMG)

The first ASX 200 share to look at is Goodman Group. It is a leading integrated commercial and industrial property company with a portfolio of in-demand properties. Goodman focuses on investing in and developing high quality industrial properties in strategic locations, close to large urban populations and in and around major gateway cities globally. This has proven very successful and underpinned strong earnings growth over the last decade.

The team at Citi are very positive on Goodman. They recently put a buy rating and $26.00 price target on the company’s shares. Citi is forecasting further strong earnings growth over the coming years.

ResMed Inc. (ASX: RMD)

Another ASX 200 share to look at is ResMed. It is a medical device company with a focus on the sleep treatment market. ResMed has been tipped to deliver further strong growth in the coming years thanks to its industry-leading products in a growing and lucrative market. It also looks set to benefit from the woes of one of its biggest rivals, which is battling with a significant product recall.

Morgans is bullish on ResMed. It currently has an add rating and $41.34 price target on its shares. The broker believes ResMed is well-placed to grow its market share following the aforementioned device recall by a competitor.

Zip Co Ltd (ASX: Z1P)

A final ASX 200 share to consider is this buy now pay later (BNPL) provider. It is the company behind the eponymous Zip brand and the US-based QuadPay brand. Though, the latter is in the process of being rebranded to the Zip name. This is the same with other acquisitions it has made in Europe, the Middle East, and Asia. Zip is undertaking these changes as part of its plan to become a global payments player.

Morgans is also very positive on Zip. It recently retained its add rating and lifted its price target to $8.87. It continues to see longer term upside if Zip can execute on its ambitions of becoming a global payments player.

The post 3 top ASX 200 shares that could be buys appeared first on The Motley Fool Australia.

More reading

• A2 Milk and Zip were among the most traded ASX shares last week
• Top brokers name 3 ASX shares to sell today
• ASX 200 midday update: BHP sinks, Flight Centre expansion
• The Zip (ASX:Z1P) share price is down 20% since early July. What’s next?
• Will the ResMed (ASX:RMD) share price continue its massive bull run?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended ZIPCOLTD FPO. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended ResMed. The Motley Fool Australia has recommended ResMed Inc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The QBE Insurance Group Ltd (ASX: QBE) share price finished Thursday’s trading session in the red. This comes after the insurance giant provided a market release in relation to its subordinated notes.

QBE shares are 2.9% down to $11.70 apiece at the closing bell today. In comparison, the S&P/ASX 200 Index (ASX:XJO) is down 0.60% to 7,485 points.

Let’s take a closer look at the update the company gave the ASX today.

What did QBE announce?

In today’s statement, QBE announced a proposed issue of GBP (British pound sterling) fixed-rate resetting subordinated notes. This comes under the umbrella of the company’s US$4 billion note issuance debt program.

Also referred to as a floating rate note, the fixed-rate security pays a coupon determined by a reference rate that resets periodically. In essence, the payment received is not fixed and will change over time.

Investors are usually attracted to floating rate notes because when interest rates increase, the coupons do, too. This ensures the notes trade at par or above in the market.

QBE noted that if it proceeds with the subordinated notes, then pricing and further details will be released in another announcement.

It’s evident that the company is committed to maintaining a strong capital position through optimising its capital structure. The US$4 billion note issuance program is intended for use with future debt issuances.

About the QBE share price

Over the past 12 months, QBE shares have been somewhat volatile, moving in peaks and troughs throughout the period.

While the QBE share price has gained about 16% since this time last year, it’s still heavily down from pre-pandemic levels.

In early 2020, the QBE share price was swapping hands for as high as $15.19 before plummeting to record lows in the COVID-19 crash.

Based on today’s closing price, QBE commands a market capitalisation of $17.29 billion, with more than 1.475 billion shares outstanding.

The post QBE (ASX:QBE) share price slides on fixed-rate reset notice appeared first on The Motley Fool Australia.

More reading

• Top broker says QBE (ASX:QBE) share price is a buy
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• ASX 200 Weekly Wrap: New records just keep coming for the ASX 200
• 3 of the best ASX results from week two of reporting season

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Purifloh Ltd (ASX: PO3) share price is following yesterday’s 21% gain with another 12% added on today. This means the filtration and purification company’s shares are up an astonishing 43% since this time last week.

At Thursday’s market close, Purifloh shares finished the day up 12.86% to $1.58.

What’s driving Purifloh shares higher?

Investors are buoyant on the Purifloh share price after the company reported its full-year results late Tuesday night.

According to its release, Purifloh advised it continued to develop Free Radical Generator (FRG) technology through Somnio Group.

In addition, Purifloh noted that it commenced bringing back commercialisation activities to Australia, with the launch of two new products. Namely, the Air Conditioning Environmental Remediation Treatment (ACERT) and the Whole of Room Air Purifier (WRAP).

Purifloh also developed relationships with healthcare solutions, Aspen Medical and water treatment company, Osmoflo. Purifloh stated that it sees both of these partners as of significant importance in order to advance its product commercialisation.

Looking at the financial statement, Purifloh achieved a net loss after tax of $3 million, down 31.8% on FY20 ($4.5 million loss).

The $1.4 million improvement came predominantly from a reduction of research and development costs. Global OEM is currently undertaking research and development on behalf of Purifloh.

Furthermore, the company is receiving financial support from its key shareholder, Dilato. During the year, its financier provided a funding facility of $1 million, which $200,000 has recently been drawn down.

Pleasingly, the company is seeking to adjust its relationship with Somnio to reduce expenditure.

Purifloh share price snapshot

Despite this week’s euphoric gain, Purifloh shares have lost around 20% in value over the past 12 months. Year to date, the company’s shares have moved the other way, hovering around 10% higher.

On valuation grounds, Purifloh commands a market capitalisation of roughly $49 million, with approximately 31 million shares on its registry.

The post Why the Purifloh (ASX:PO3) share price leapt 12% today appeared first on The Motley Fool Australia.

More reading

• 3 top ASX 200 shares that could be buys
• QBE (ASX:QBE) share price slides on fixed-rate reset notice
• Raiz (ASX:RZI) share price rebounds 10% after move to boot out directors
• Here are the 3 most traded ASX 200 shares on Thursday
• ASX 200 down, Flight Centre rises, Redbubble falls

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Raiz Invest Ltd (ASX: RZI) share price is pole-vaulting higher on Thursday.

At market close, the investment platform provider’s shares are up 9.30%, trading at $1.88. This follows a sharp share price fall on Wednesday after a surprise move to remove certain directors from the Raiz board. Catching shareholders off guard, the Raiz share price tumbled 13.1%.

Getting outsted by the founder and CEO

Investors of Raiz must feel as though yesterday’s selloff was overdone as the share price regains today.

The surprise announcement sprung on shareholders entailed a ‘Section 249D Notice’ from BBH-GL Nominees Pty Ltd. For context, this company is associated with Raiz’s founder and CEO, George Lucas.

According to the share registry, Mr Lucas holds 5.12% of total shares on issue through his holding company. Because of this, Lucas is able to propose the removal of all or certain directors.

According to the release, the proposal is to remove 3 out of the 4 other board members. This includes Nina Finlayson, Kevin Moore, and Kelly Humphreys. Undoubtedly, such an unpredictable move has introduced volatility to the Raiz share price.

Upon receipt of the notice, the Raiz directors have 21 days to call a general meeting. Additionally, a further 21 days’ notice of the meeting is required to be given to shareholders. In trying to fit within these constraints, the meeting must also be held within 2 months of the company receiving the notice.

Unfortunately, shareholders still remain in the dark as to why Mr Lucas has proposed the swift removal of these directors.

The announcement finished by stating further details will be provided in due course.

Raiz share price snapshot

The Raiz share price has performed exceptionally over the past 12 months. Specifically, this Aussie fintech has surged 133% over the past year.

As a result of the phenomenal performance, the company now commands a $150 million market capitalisation.

The post Raiz (ASX:RZI) share price rebounds 10% after move to boot out directors appeared first on The Motley Fool Australia.

More reading

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• Here’s why the Raiz (ASX:RZI) share price is storming 8% higher today

Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) had a pretty disappointing day today, finishing down around 0.55% to 7,486 points.

But rather than crying over spilled milk, let’s instead check out the ASX 200 shares that topped the trading volume charts this Thursday

3 of the most traded ASX 200 shares this Thursday

Whitehaven Coal Ltd (ASX: WHC)

ASX 200 mining company Whitehaven Coal is our first share to check out today. This Thursday has seen an impressive 13.50 million Whitehaven shares change hands. There is no recent news or announcements out of the company this week.

However, the Whitehaven share price has been on fire lately. Not only is the Whitehaven share price up a healthy 1.14% today, but it’s also rocketed around 20% over the past week, as my Fool colleague Kerry covered earlier today. It’s likely this surge in value is behind the large number of shares trading today.

South32 Ltd (ASX: S32)

ASX 200 diversified miner South32 is next up today. This company has seen a sizeable 17.21 million of its shares swap hands this Thursday. Again, there is no major news out of the company we can point to today for an easy explanation.

But South32 is another company that has recently been on a roll. It closed up 0.31% today to $3.20 a share, but it’s also seen gains of roughly 10% over the past week or so.

Combine this with South32’s recent penchant for share buybacks, and we have probably found why this company is present on this list today.

Telstra Corproation Ltd (ASX :TLS)

Our most-traded ASX 200 share today goes to telco Telstra. Telstra comes out on top this Thursday with a hefty 20.73 million shares bought and sold.

Unlike the above two companies, we can probably blame some selling pressure for Telstra’s elevated level of trading today. Telstra shares finished the day down a nasty 1.03% to $3.85 after falling as much as 1.8% earlier today to $3.82 a share. Even so, this telco is still up an impressive 29% year to date in 2021 so far.

The post Here are the 3 most traded ASX 200 shares on Thursday appeared first on The Motley Fool Australia.

More reading

• ASX 200 down, Flight Centre rises, Redbubble falls
• Here are the top 10 ASX 200 shares on Thursday
• The Whitehaven Coal (ASX:WHC) share price is up 20% in the last week
• Energy shares are the only ASX 200 sector on the rise this Thursday
• ASX 200 midday update: BHP sinks, Flight Centre expansion

Motley Fool contributor Sebastian Bowen owns shares of Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) fell by 0.5% today to 7,486 points.

Here are some of the highlights from the ASX:

Flight Centre Travel Group Ltd (ASX: FLT)

Flight Centre announced an Asian expansion update today.

It said that it’s going to launch its corporate travel FCM business in Japan, which it said was the world’s fourth largest corporate travel market, with a joint venture with Tokyo-based NSF Engagement Corporation.

Flight Centre said that Japan was a significant addition to the global FCM network, which now extended to 97 countries.

The Flight Centre managing director Graham Turner said:

Japan is a key corporate market because of its size and importance within the global economy as a business hub for multi-national companies.

By securing an equity position in this crucial market, we will enhance our ability to win new local, regional and multi-national accounts, while also gaining greater control over and enhancing the service we provide to our existing customers with operations in Japan. We believe this will become a very significant business and a valuable addition to our Asian network, which also includes businesses in China including SAR Hong Kong, India, Singapore and Malaysia.

The ASX 200 company said it has invested during the pandemic so that it can recover quicker and drive future organic growth.

It has won corporate business accounts in FY21 that had pre-COVID annual spending of more than US$1.4 billion.

The Flight Centre share price ended 0.5% higher.

Redbubble Ltd (ASX: RBL)

Redbubble attracted investor attention today after it was revealed that co-founder Martin Hosking sold 5 million shares for $21 million.

The e-commerce share said that Mr Hosking sold shares to meet financial commitments. Mr Hosking confirmed he remains committed as a long-term significant shareholder of Redbubble.

Mr Hosking will continue to hold 39.5 million Redbubble shares, which is 14.43% of the business.

The net proceeds of the sale, after tax, will be used to close out an existing loan facility.

The Redbubble share price fell over 1%, though it was down materially more at the start of the day’s trading.

Senex Energy Ltd (ASX: SXY)

The Senex Energy share price dropped 2% today.

It announced a gas sales agreement with the Australian packaging and paper manufacturer Opal. The deal is for up to six years and up to 12 petajoules of natural gas.

The initial four-year agreement starts on 1 January 2023. It will supply 8 PJ of natural gas at a fixed price, in line with current market levels. The two businesses have also signed a contract extension of up to two years and up to a further 4 PJ of sales.

Senex managing director and CEO Ian Davies said:

The agreement broadens Senex’s reach in supplying natural gas throughout the east coast, with our Surat Basin gas to support industry in New South Wales for the first time.

Senex looks forward to building another strong, long-term and mutually beneficially relationship that support jobs, the economy and helps meet Australia’s energy demand as it transitions to a lower carbon future.

The post ASX 200 down, Flight Centre rises, Redbubble falls appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX 200 shares on Thursday
• A2 Milk and Zip were among the most traded ASX shares last week
• Energy shares are the only ASX 200 sector on the rise this Thursday
• Why BHP, NIB, Northern Star, & Redbubble shares are tumbling lower
• ASX 200 midday update: BHP sinks, Flight Centre expansion

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Flight Centre Travel Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The EML Payments Ltd (ASX: EML) share price has had a stellar month thus far.

Shares in the payments company have surged more than 8% in the last 30 days.

Let’s take a look at what’s been prompting investors to bid the EML share price higher.

What’s been moving the EML share price?

There have been several catalysts that have helped propel the EML share price higher this past month.

Shares in the payment company rebounded strongly after providing an update on its acquisition of Prepaid Financial Services (PFS).

EML informed investors that it had identified historical deficiencies in cash for dormant e-money accounts in PFS.  

Bullish price action in the buy-now-pay-later sector and commentary from the Reserve Bank of Australia also had the potential to move EML’s shares.

The largest catalyst that shook the EML share price was the company’s full-year result for FY21.

How did EML perform in FY21?

For FY21, EML reported a record year with growth across a majority of its financial metrics.

Highlights from the company’s full-year report included;

• Group gross debit volume (GDV) up 42% to $19.7 billion.
• Record revenue of $194.2 million, an increase of 60% on FY20.
• Record underlying group earnings before interest, tax, depreciation, and amortisation (EBITDA) of $53.5 million, up 65%.
• Gross profit margins of 67%, down from 73% in FY20 due to a shift in business segments.
• New business GDV pipeline of $10.5 billion, with more than 300 prospects.
• Costs and provisions totalling $11.4 million in FY21 in relation to the Central Bank of Ireland regulatory investigation.

For FY22, EML is expecting to generate underlying EBITDA in a range of between $58 million to $65 million.

In response, the EML share price tanked more than 5% after releasing its report.

However, shares in the payment company recovered strongly, finishing the day more than 4% higher.

Snapshot of the EML share price

Despite EML’s bullish price action this past month, it’s important to put the performance in context.

Since the start of the year, shares in the payment company are relatively flat for the year.

The EML share price was rocked earlier this year after the Central Bank of Ireland voiced concerns over the company’s anti-money laundering financing compliance.

Several brokers remain bullish on their outlook for the EML share price.

Leading broker UBS has slated the payments company as a buy, with a share price target of $4.80.

At market close, shares in EML finished the day, trading at around $4.17, down 0.48%.

The post Here’s why the EML (ASX:EML) share price is up 8% in the last month appeared first on The Motley Fool Australia.

More reading

• The EML Payments (ASX:EML) share price is rated as a strong buy
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• EML (ASX:EML) share price plunges 8% after reporting record results
• When was the worst ever day on the EML (ASX:EML) share price chart?
• Why the EML (ASX:EML) share price is gaining today

Motley Fool contributor Nikhil Gangaram has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended EML Payments. The Motley Fool Australia owns shares of and has recommended EML Payments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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