Broadridge Financial Solutions (BR) Following Its Repo Expansion Still Looks Undervalued

Broadridge Financial Solutions (BR) has drawn fresh attention after expanding its Distributed Ledger Repo solution to include G7 securities, giving institutional clients a tokenized platform for cross-border repo, intraday funding and collateral movements. For context, Broadridge Financial Solutions shares trade at US$178.06, with a 30 day share price return of 13.17% and a 90 day share price return of 15.55%. However, the year to date share price return is down 19.24% and the 1 year total...