Leverage to a lower Aussie and US economic recovery attracts brokers to Incitec, although subdued outlooks for explosives and fertilisers suggest caution.
A wrap of the day’s activity on the Australian stock market.
Major bank results were considered reasonable but a question of valuation again overhangs, specifically in light of expected capital requirement increases.
In its first quarter banking update Suncorp showcased the tug-of-war between margin and earnings growth. Broker opinions are mixed on whether the banker/insurer can actually pull it off.
A wrap of the day’s activity on the Australian stock market.
The backdrop remains challenging for retail-exposed Australian real estate investment trusts while those exposed to housing are best placed.
Weekly update on recommendation, target price, and earnings forecast changes.
Growth drivers continue to diverge for News Corp with strong online real estate, cable & books overshadowing the struggling news & print empire.
A wrap of the day’s activity on the Australian stock market.
After the September quarter’s volatility brokers are pausing to refresh their views and tweak portfolios.