A wrap of the day’s activity on the Australian stock market.
Aristocrat delivered better than epected full year earnings and with momentum improving and potential for capital management a number of brokers continue to see upside in the stock.
Woolworths’ spin-off Shopping Centres Australasia is now listed but brokers find the trust a less than compelling propositon.
A wrap of the day’s activity on the Australian stock market.
CSL surprised the market with an increase in full year earnings guidance yesterday and brokers have responded by lifting targets and ratings.
Treasury Wine Estates plans luxury brand expansion but is the true value of Penfolds fully exploited?
A wrap of the day’s activity on the Australian stock market.
A wrap of the day’s activity on the Australian stock market.
ALS delivered a solid interim profit result but brokers continue to see a difficult outlook from a slowing in minerals exploration activity, meaning Sell ratings continue to dominate.
Analysis by Standard Life Investments suggests the global real estate market is entering a positive cyclical period, while JP Morgan sees scope for further cap rate compression in Australia.