FINANCIAL NEWS
Australian Listed Real Estate Tables – 06-05-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
11:38 AM
April In Review: The Bond Market Roared
Rising bond yields meant interest rate-sensitive equities were out of favour in April, while investors sought inflation-protection in mining stocks and commodities
10:35 AM
Weekly Ratings, Targets, Forecast Changes – 03-05-24
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
10:00 AM
The Monday Report – 06 May 2024
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead
9:05 AM
Bell Potter rates IMM as Buy
The latest data in the Phase 2 trial for Efti in Strong Tissue Sarcoma (STS) is very encouraging, although the sample size is small according to Bell Potter.
This is the second good result for Immutep's Efti in the last few weeks, as four out of six patients under the trial have registered "near-complete responses".
Such a result is rare in STS patients according to the broker and more results are pending in the second half of 2024, with 14 of the 40 patients enrolled since the start in July 2023.
Bell Potter retains a Buy rating and an 80c target price.
The analyst is looking to the Phase 2b trial data in iL first-line head and neck squamous cell carcinoma (HNSCC) as the next catalyst.
Morgan Stanley rates PLS as Underweight
Morgan Stanley raises its target for Pilbara Minerals to $3.35 from $3.30 after 3Q results which were broadly in line with the broker's forecasts for production and pricing.
The analysts highlight inventories rose in the quarter due to softer shipments, while expected recovery improvements have not yet eventuated, negatively impacting on costs.
The Underweight rating for Pilbara Minerals is unchanged as Morgan Stanley believes the stock is overvalued. Industry view is Attractive.
Morgans rates WOR as Initiation of Coverage with Add
Worley is a global leader in professional project and asset services providing a full spectrum of services, from digital solutions and engineering to construction and maintenance, to a number of the world’s largest companies, Morgans notes.
The company services energy (new and mature), chemicals, and resources sectors. The nature of Worley ’s contracted work is largely low risk, the broker points out, with 80% of aggregated revenues generated by way of reimbursable contracts.
The recent sell-down of Worley ’s largest shareholder Sidara (Dar Group) at $14.35 represents a rare liquidity event driving near-term volatility in the share price. Morgans initiates coverage with an Add rating and $18.00 target price.
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ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
To display the stock analysis for a company please enter the company code:
MQG | MACQUARIE GROUP LIMITED
Abbreviated format - see the full version here
LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
---|---|---|---|
$183.83 03 May |
-4.170 OPEN $187.10 |
-2.22% HIGH $187.69 |
950,076 LOW $183.36 |
TARGET | |||
$190.080 3.4% upside | |||
Franking for last dividend paid out: 40% |
Title | FY23 Actual |
FY24 Actual |
FY25 Forecast |
FY26 Forecast |
---|---|---|---|---|
EPS (cps) | xxx | N/A | 1097.4 | xxx |
DPS (cps) | xxx | N/A | 686.3 | xxx |
EPS Growth | xxx | N/A | N/A | xxx |
DPS Growth | xxx | N/A | N/A | xxx |
PE Ratio | xxx | N/A | 16.8 | xxx |
Dividend Yield | xxx | N/A | 3.7% | xxx |
Div Pay Ratio(%) | xxx | N/A | 62.5% | xxx |
DAILY FINANCIAL NEWS
April In Review: The Bond Market Roared
Rising bond yields meant interest rate-sensitive equities were out of favour in April, while investors sought inflation-protection in mining stocks and commodities
10:35 AM - Australia
Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements
May 04 2024 - Australia
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments
May 03 2024 - Australia
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s story is on Collins Foods. Is fast food truly defensive?
May 02 2024 - Treasure Chest
Fierce rallies in technology related share prices are eliciting calls of a new investment bubble a la Nasdaq 2000, but are such fears justified?
May 02 2024 - International
The New Criterion’s Tim Boreham runs through the options available for investors wishing to add gold exposure to their portfolio
May 01 2024 - Commodities
PR NEWSWIRE
VYNDAMAX® (tafamidis) PBS-listed for adult patients with wild-type or hereditary transthyretin amyloid cardiomyopathy (ATTR-CM) with New York Heart Association
May 04 2024 - PR NewsWire
PAUL WATSON TO RETURN TO ANTARCTICA TO PROTECT WHALES
May 02 2024 - PR NewsWire
Mainstream Renewable Power consortium awarded feasibility licence for 2.5 GW offshore wind development in Australia
May 02 2024 - PR NewsWire
TRICORBRAUN ACQUIRES TWO AUSTRALIAN PACKAGING DISTRIBUTORS – UNIQUEPAK AND ALPLAS PRODUCTS
May 02 2024 - PR NewsWire
CHEVRON APARTMENTS PTY LTD ANNOUNCE THE OFFERING OF SECURED LOAN NOTES TOTALLING A$300,000,000
May 02 2024 - PR NewsWire
Nick Twidale joins ATFX as Chief Market Analyst
May 02 2024 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: Quality Reigns, And How To Identify It
In this week's Weekly Insights: -Quality Reigns, And How To Identify It-Macquarie's ASX Quality Compounders By Rudi Filapek-Vandyck, Editor Quality…
May 01 2024
DAILY MARKET REPORTS
The Monday Report – 06 May 2024
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead
9:05 AM
ASX Winners And Losers Of Today – 03-05-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
May 03 2024
Australian Broker Call *Extra* Edition – May 03, 2024
Extra Edition of the Broker Call Report
May 03 2024
The Overnight Report: Sigh Of Relief
Wall Street needed to think about it overnight, but decided the Fed’s stance remains dovish. S&P500 up 0.9%. (Available for non-subscribers after 10am)
May 03 2024
ASX Winners And Losers Of Today – 02-05-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
May 02 2024
WEEKLY REPORTS
Australian Listed Real Estate Tables – 06-05-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
11:38 AM
Weekly Ratings, Targets, Forecast Changes – 03-05-24
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
10:00 AM
In Case You Missed It – BC Extra Upgrades & Downgrades – 03-05-24
A summary of the highlights from Broker Call Extra updates throughout the week past
May 03 2024
Weekly Top Ten News Stories – 3 May 2024
Our top ten news stories from 25 April 2024 to 02 May 2024
May 03 2024
Next Week At A Glance – 6-10 May 2024
A brief look at important company events and economic data releases next week
May 03 2024
The Short Report – 02 May 2024
FNArena’s weekly update on short positions in the Australian share market
May 02 2024
Uranium Week: Nuclear Power And AI
The extensive power required to run AI models at data centres has brought nuclear energy clearly into focus
Apr 30 2024
Weekly Update On LICs & LITs – 30-Apr-2024
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
Apr 30 2024
Australian Listed Real Estate Tables – 29-04-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
Apr 29 2024
THE MARKETS
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FNARENA WINDOWS
Window on REITS
Australian Listed Real Estate Tables – 06-05-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
11:38 AM
Window on BANKS
April In Review: The Bond Market Roared
Rising bond yields meant interest rate-sensitive equities were out of favour in April, while investors sought inflation-protection in mining stocks and commodities
10:35 AM
Window on FOOD, BEVERAGES & TOBACCO
Treasure Chest: The Fast Food Conundrum
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s story is on Collins Foods. Is fast food truly defensive?
May 02 2024
SMSFUNDAMENTALS
The Hedge Fund Whisperers: Hints For Retail Investors To Unlock Alpha
Hedge funds have long been shrouded in secrecy, their billion-dollar bets whispered only in hushed tones within mahogany-lined conference rooms. These whispers can be harnessed for the astute retail investor. A succinct guide
May 02 2024