The Bull

Thursday 22

February, 201810:17 AM



TheBull PREMIUM

  • Blue
  • Chips
  • &
  • Stocks
  • To
  • Watch

Broker buys & upgrades: has the risk come out of equities?

Broker buys & upgrades: has the risk come out of equities?

By Staff Journalist 09.10.2011


After yet another tumultuous week - beginning on Monday with the worst sell off in more than a year - investors are likely to shift their gaze from Europe's debt crisis to the health of US companies as US earnings season gets underway. Last week the Dow gained 1.74% and the S&P 500 rose by 2.12%. After plunging on Monday and falling further Tuesday, the ASX200 ended up 3.85% for the week.

Investors are keen to know if the bad news has been factored in, or whether further dramas are in store. Europe is taking steps to contain the eurozone sovereign debt crisis as Greece teeters on default. On Thursday, the European Central Bank announced measures to shore up banks in the 17-nation eurozone that have been weakened by sovereign debt problems.

Amidst the chaos, the game for Australia hasn't changed considerably. Sure, there is noise from China that growth is slowing marginally, however there are no signs of a substantial pullback that would have a material affect on the Australian mining sector. And while the outlook for US growth is weak, there are few signs that a Great Depression is on the cards.

Bearing this in mind, the broker buys for the week feature a long list of sold-off and upgraded stocks. Notable upgrades in target prices include this week's Bull of the Week Gindalbie Metals, Iluka Resources and Stockland. Other stocks upgraded to Buys include Coffey International, Bathurst Resources, CSL, Charter Hall Office REIT, BHP, Billabong and Mirvac.

 

>> Click here to go back to the newsletter to read other articles

Please note that TheBull.com.au simply publishes broker recommendations on this page. The publication of these recommendations does not in any way constitute a recommendation on the part of TheBull.com.au. You should seek professional advice before making any investment decisions.

 



FROM THE NEWSLETTER

February volatility: More noise than signal?

Will soaring interest rates send stocks lower? More

Investor Signposts: Week Beginning February 19 2018

CommSec Senior Economist Ryan Felsman takes a... More



WHAT’S ON THIS WEEK

week 23 February 2018
    • 19
    • CoreLogic Capital city house prices for the week just ended | 9:00 AM
    • 20
    • RBA Minutes of monetary policy meeting | 9:00 AM
    • 21
    • WES Half year results | 9:00 AM
    • 22
    • BKL Half year results | 9:00 AM
    • 23
    • QAN Half year results | 9:00 AM

TheBull.com.au

TheBull.com.au

TheBull PREMIUM article search



Markets
Index: Points Change Percent

Featured Comment

Rising demand for outdoor or leisure wear from old consumers is a reason why I have favoured Kathmandu Holdings for the past few years.

Outdoor-wear retailer has further to climb

Broker buys

  • ASX Code
  • Company
  • Broker
  • FMGFortescueFairmont Equities
  • TLSTelstraFairmont Equities
  • IBNiBuyNew GroupRed Leaf Securities
  • MYQMyFiziqRed Leaf Securities
  • TCLTransurbanOrd Minnett
  • FMGFortescueOrd Minnett

Broker sells

  • ASX Code
  • Company
  • Broker
  • ORGOrigin EnergyFairmont Equities
  • BHPBHP BillitonFairmont Equities
  • FLTFlight CentreRed Leaf Securities
  • PLSPilbara MineralsRed Leaf Securities
  • QANQantasOrd Minnett
  • TAHTabcorpOrd Minnett

Central Banks Rates

  • RBA1.50%
  • FED0.50%
  • BOE0.25%
  • BOC0.50%
  • RBNZ2.00%
  • ECB0.00%
  • SNB-0.75%
  • BOJ-0.10%

Upcoming dividends

  • ASX Code
  • Company, Div., Franking
  • Ex-Div.

Eight brokers like these stocks

  • ASX Code
  • Company Name
  • Consensus Target

Upcoming Floats

  • ASX Code
  • Company Name
  • Float Date

PLEASE SUPPORT OUR SPONSORS, AUSTRALIA'S LEADING BROKERS:



© Copyright The Compare Group Pty Ltd. All rights reserved.