Icarus Signal New Entries For Today

Array
(
    [0] => Array
        (
            [0] => ((PSH))
            [1] => ((RSG))
            [2] => ((NOD))
            [3] => ((SVW))
            [4] => ((TAH))
            [5] => ((CPB))
            [6] => ((AUB))
            [7] => ((DWS))
            [8] => ((BWP))
        )

    [1] => Array
        (
            [0] => PSH
            [1] => RSG
            [2] => NOD
            [3] => SVW
            [4] => TAH
            [5] => CPB
            [6] => AUB
            [7] => DWS
            [8] => BWP
        )

)

This story features RESOLUTE MINING LIMITED, and other companies.
For more info SHARE ANALYSIS: RSG
The company is included in ASX200, ASX300 and ALL-ORDS

Daily update on share prices and consensus price targets.

By Rudi Filapek-Vandyck

The strangest way to make one's entrance onto the radar of FNArena's Icarus Signal is when things are tough, much tougher than previously expected. RBS analysts came to this conclusion regarding Penrice Soda ((PSH)) this week and they thus slashed their price target to a price level below the present share price. Instantly, the shares joined the group of stocks trading above consensus target (only one broker). Not exactly what the text books state should happen, but Penrice shares are now enjoying their five minutes in the spotlight. )I'd assume the Icarus principle still applies, regardless).

One important note today: Resolute Mining ((RSG)) also joined the list trading above target but this appears to be related to an error in our system, which calculates the price target too lowly for Resolute. So pay attention, please, Resolute should not be there.

The list of stocks trading in the vicinity of target continues to display a lot of rotation with Nomad Building Solutions ((NOD)), Seven Group ((SVW)), Tabcorp ((TAH)), Campbell Brothers ((CPB)) and Austbrokers ((AUB)) all disappearing from the list yesterday and all because of share price weakness.

Two new names entered the list, DWS Advanced Business Solutions ((DWS)) and Bunnings Warehouse Property Trust ((BWP)). The latter features regularly in these updates signalling investors are still looking for yield.

There are now 24 stocks trading above consensus target.

Investors should consider the information and data are provided for research purposes only.

Stocks <3% Below Consensus

Stocks Above Consensus

Top 50 Stocks Furthest from Consensus

To see the full Icarus Signal, please go to this link

Technical limitations

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