Daily Market Reports | Dec 03 2025
This story features APA GROUP, and other companies.
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COMPANIES DISCUSSED IN THIS ISSUE
Click on a symbol for fast access.
The number next to the symbol represents the number of brokers covering it for this report -(if more than 1)
APA AUB BC8 BRI DUR EOL GGP GTK (2) IMD MEI MQG MTS SFR STK TCG
APA APA GROUP
Infrastructure & Utilities – Overnight Price: $9.18
Jarden rates ((APA)) as Overweight (2) –
Jarden highlights APA Group’s partnership with CS Energy to develop the 400MW Brigalow gas-peaking plant marks its first major step into new gas-powered generation (GPG) investment.
This move aligns with management’s strategy to diversify away from gas pipelines following a pivot toward higher-return GPG assets, explain the analysts.
The group will fund around -$800m of project capex over 2.5 years, forming a substantial portion of its planned -$2.1bn organic growth program, notes the broker. Revenues will be supported by a 25-year inflation-linked offtake agreement.
Start-up is anticipated in 2028. Jarden estimates Brigalow could contribute roughly $90m to group earnings from FY29.
Overweight. Target lifted to $9.65 from $9.10.
This report was published on December 1, 2025.
Target price is $9.65 Current Price is $9.18 Difference: $0.47
If APA meets the Jarden target it will return approximately 5% (excluding dividends, fees and charges).
Current consensus price target is $8.41, suggesting downside of -8.4%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 58.00 cents and EPS of 18.90 cents.
At the last closing share price the estimated dividend yield is 6.32%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 48.57.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 21.0, implying annual growth of 174.9%.
Current consensus DPS estimate is 57.8, implying a prospective dividend yield of 6.3%.
Current consensus EPS estimate suggests the PER is 43.7.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 59.00 cents and EPS of 23.20 cents.
At the last closing share price the estimated dividend yield is 6.43%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 39.57.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 26.1, implying annual growth of 24.3%.
Current consensus DPS estimate is 59.0, implying a prospective dividend yield of 6.4%.
Current consensus EPS estimate suggests the PER is 35.2.
Market Sentiment: -0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
AUB AUB GROUP LIMITED
Insurance – Overnight Price: $31.55
Jarden rates ((AUB)) as Overweight (2) –
Jarden notes Swedish private equity firm EQT and CVC Capital Partners (Asia Pacific) have withdrawn their proposed $45 per share offer for AUB Group, with discussions now terminated and the share price resetting toward fundamental levels.
Corporate activity in the domestic broking sector remains elevated, highlights the broker, with AUB Group well placed to participate given its scale and strong acquisition track record.
Underlying business conditions are viewed as supportive despite moderating premium rates, and management has reaffirmed FY26 underlying profit guidance of $215-227m.
Jarden sees the current valuation as appealing relative to history and peers, with medium-term optionality from organic and inorganic growth. Overweight rating maintained. Target falls to $37.80 from $40.20.
This report was published on December 1, 2025.
Target price is $37.80 Current Price is $31.55 Difference: $6.25
If AUB meets the Jarden target it will return approximately 20% (excluding dividends, fees and charges).
Current consensus price target is $38.40, suggesting upside of 21.7%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 104.30 cents and EPS of 188.60 cents.
At the last closing share price the estimated dividend yield is 3.31%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.73.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 191.1, implying annual growth of 23.7%.
Current consensus DPS estimate is 104.2, implying a prospective dividend yield of 3.3%.
Current consensus EPS estimate suggests the PER is 16.5.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 115.00 cents and EPS of 210.30 cents.
At the last closing share price the estimated dividend yield is 3.65%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.00.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 204.7, implying annual growth of 7.1%.
Current consensus DPS estimate is 111.4, implying a prospective dividend yield of 3.5%.
Current consensus EPS estimate suggests the PER is 15.4.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
BC8 BLACK CAT SYNDICATE LIMITED
Gold & Silver – Overnight Price: $1.05
Moelis rates ((BC8)) as Buy (1) –
Black Cat Syndicate has entered a binding joint-venture style arrangement with Dreadnaught Resources ((DRE)) to develop and process ore from the Star of Mangaroon deposit through Black Cat’s Paulsens operation.
Moelis explains Black Cat will fund up to -$10m to establish mining and haulage, earning a 50% share of early cash flow and a treatment margin via an Ore Purchase Agreement.
Black Cat Syndicate will also have additional commercial arrangements over Dreadnaught tenements.
The structure mirrors Black Cat’s prior Myhree arrangement, highlights the broker, and should improve utilisation of the Paulsens plant while defraying fixed costs.
Buy rating with a $1.60 target.
This report was published on December 2, 2025.
Target price is $1.60 Current Price is $1.05 Difference: $0.55
If BC8 meets the Moelis target it will return approximately 52% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
BRI BIG RIVER INDUSTRIES LIMITED
Building Products & Services – Overnight Price: $1.44
Moelis rates ((BRI)) as Upgrade to Buy from Hold (1) –
Moelis raises its target for Big River Industries to $1.68 from $1.60 and upgrades to Buy from Hold.
The company will acquire John’s Building Supplies for -$17m, adding scale in Western Australia and strengthening exposure to higher-margin product categories such as structural timber, engineered wood and cladding, explains the broker.
The analyst highlights John’s Building Supplies’ solid financial profile, with three-year average revenue of $41.2m and earnings of $5.2m. The deal is expected to be earnings accretive.
A $10m entitlement offer at a -2% discount to the 10-day VWAP will partly fund the upfront consideration.
Management’s latest trading update indicates to Moelis improving daily sales and resilient gross margins despite ongoing softness in several residential markets.
This report was published on December 2, 2025.
Target price is $1.68 Current Price is $1.44 Difference: $0.24
If BRI meets the Moelis target it will return approximately 17% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 3.70 cents and EPS of 6.20 cents.
At the last closing share price the estimated dividend yield is 2.57%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 23.23.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 7.10 cents and EPS of 11.80 cents.
At the last closing share price the estimated dividend yield is 4.93%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.20.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
DUR DURATEC LIMITED
Industrial Sector Contractors & Engineers – Overnight Price: $1.78
Taylor Collison rates ((DUR)) as Outperform (2) –
Duratec did not offer any specific FY26 earnings guidance at its AGM, which Taylor Collison attributes to the probable lack of certainty around the Garden Island contract award.
The analyst remains confident of success but sees a likely chance of delay versus original expectations.
Beyond Garden Island, the company notes ongoing strength in defence with potential projects worth more than $15bn as well as possible works at Henderson in WA.
Mining continues to look robust, with energy supported by DXP Energy Solutions and the launch of Atec Facades assisting buildings and facades.
The broker tweaks earnings forecasts lower for the deferred timing on Garden Island. Outperform rating is maintained. No target price.
This report was published on November 21, 2025.
Current Price is $1.78. Target price not assessed.
Current consensus price target is $1.98, suggesting upside of 11.4%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Taylor Collison forecasts a full year FY26 dividend of 5.60 cents and EPS of 10.00 cents.
At the last closing share price the estimated dividend yield is 3.15%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.80.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 11.3, implying annual growth of 24.2%.
Current consensus DPS estimate is 4.9, implying a prospective dividend yield of 2.8%.
Current consensus EPS estimate suggests the PER is 15.8.
Forecast for FY27:
Taylor Collison forecasts a full year FY27 dividend of 6.40 cents and EPS of 12.20 cents.
At the last closing share price the estimated dividend yield is 3.60%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.59.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 13.1, implying annual growth of 15.9%.
Current consensus DPS estimate is 5.7, implying a prospective dividend yield of 3.2%.
Current consensus EPS estimate suggests the PER is 13.6.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
EOL ENERGY ONE LIMITED
Energy Sector Contracting – Overnight Price: $17.50
Canaccord Genuity rates ((EOL)) as Initiation of coverage with Buy (1) –
Canaccord Genuity initiates coverage of Energy One with a Buy rating and a $22.94 target price.
The broker believes the company has a robust growth profile from strong growth in renewable energy generation, with growing demand for software that can optimise battery energy storage systems.
Recent European legislation is expected to underpin robust demand for its scheduling and algorithmic trading software, eZ-Ops, eZ-Algo, and enTrader.
The change in energy generation is leading to increased pricing volatility, which in turn leads to higher demand for data rich, sophisticated software, the analyst states.
Recurring revenue target growth of 15-20% p.a. has been established by management, and a cash earnings (EBITDA) margin of over 49% for FY25-FY28.
This report was published on December 1, 2025.
Target price is $22.94 Current Price is $17.50 Difference: $5.44
If EOL meets the Canaccord Genuity target it will return approximately 31% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 13.70 cents and EPS of 36.00 cents.
At the last closing share price the estimated dividend yield is 0.78%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 48.61.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 19.20 cents and EPS of 50.00 cents.
At the last closing share price the estimated dividend yield is 1.10%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 35.00.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
GGP GREATLAND RESOURCES LIMITED
Gold & Silver – Overnight Price: $8.30
Jarden rates ((GGP)) as Neutral (3) –
Jarden says Greatland Resources’ Havieron Feasibility Study outlines a stand-alone 4mtpa development, with outcomes slightly below the broker’s prior expectations but still indicating a robust, high-quality project.
The broker highlights the 50mt mining inventory supporting a 17-year mine life sits within a much larger 131mt Resource. It’s felt this offers significant upside through the Link Zone or lower-grade breccia once higher-grade Crescent Zone material is mined.
Jarden lowers its target to $5.00 from $5.50 due to more conservative permitting timelines, lower Reserve grades and a later production start, despite strong leverage to spot prices. Neutral rating maintained.
This report was published on December 2, 2025.
Target price is $5.00 Current Price is $8.30 Difference: minus $3.3 (current price is over target).
If GGP meets the Jarden target it will return approximately minus 40% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $10.50, suggesting upside of 26.5%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of 80.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.38.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 88.0, implying annual growth of 38.4%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 9.4.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 60.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.83.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 51.3, implying annual growth of -41.7%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 16.2.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
GTK GENTRACK GROUP LIMITED
Software & Services – Overnight Price: $8.93
Canaccord Genuity rates ((GTK)) as Buy (1) –
Canaccord Genuity is markedly upbeat about Gentrack Group’s FY25 results, with the company meeting revenue and earnings (EBITDA) guidance and delivering a strong pipeline outlook.
Annual recurring revenue rose 13% y/y while non recurring revenue slipped -1%, which was impacted by weaker project implementation. Cash earnings (EBITDA) were affected by a ramp up in product investment and delays to Genesis go live, the analyst remarks.
Management offered FY26 revenue growth guidance of over 8% while the broker believes the pipeline has matured, with the group stating it is “preferred vendor at 3 prospects, shortlisted for 3 and well placed for another 4”.
The broker tweaks EPS forecasts lower by -2% for FY26 and FY27. Target price is unchanged at NZ$14.50 with a Buy rating.
This report was published on November 24, 2025.
Current Price is $8.93. Target price not assessed.
Current consensus price target is $10.00, suggesting upside of 12.0%(ex-dividends)
The company’s fiscal year ends in September.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 26.43 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 33.79.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 16.7, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 53.5.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 31.41 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 28.43.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 23.7, implying annual growth of 41.9%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 37.7.
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((GTK)) as Underweight (4) –
Gentrack Group’s strategy day reinforced its positioning as a technology partner for utilities and airports undergoing digital transformation, suggests Jarden, supported by sector tailwinds in air travel and energy retailing.
While the group has strengthened its product set through a transition year, the broker notes management must still demonstrate an ability to convert a growing pipeline at scale.
Salesforce integration is viewed as a key differentiator, with more than 70% of prospects already invested in Salesforce and facing integration challenges which favour Gentrack’s meter-to-cash solution.
Airport software unit Veovo is expected to expand its share of wallet through cross-selling and bolt-on acquisitions as airports seek to optimise constrained infrastructure.
Jarden retains its NZ$8.85 target and Underweight rating, citing intensifying competition and risks of elongated sales cycles.
This report was published on December 1, 2025.
Current Price is $8.93. Target price not assessed.
Current consensus price target is $10.00, suggesting upside of 12.0%(ex-dividends)
The company’s fiscal year ends in September.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of 17.74 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 50.34.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 16.7, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 53.5.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 26.61 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 33.56.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 23.7, implying annual growth of 41.9%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 37.7.
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
IMD IMDEX LIMITED
Mining Sector Contracting – Overnight Price: $3.43
Jarden rates ((IMD)) as Sell (5) –
Imdex will acquire Advanced Logic Technology and Mount Sopris Instruments for -$98.9m, strengthening its position in downhole rock-property sensors, Jarden explains.
Geological modeling capability will also be enhanced through Advanced Logic Technology’s WellCAD, a specialised borehole data processing and visualisation software, explains the broker.
The transaction will be funded from existing cash and debt facilities and is expected to be normalised-earnings accretive in FY27, However, the analysts note updated FY26 guidance for D&A and finance costs implies downside risk to consensus earnings.
Jarden retains a Sell rating, arguing shares remain priced for perfection. The target rises to $2.90 from $2.75.
This report was published on December 1, 2025.
Target price is $2.90 Current Price is $3.43 Difference: minus $0.53 (current price is over target).
If IMD meets the Jarden target it will return approximately minus 15% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $3.73, suggesting upside of 8.7%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 2.20 cents and EPS of 9.30 cents.
At the last closing share price the estimated dividend yield is 0.64%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 36.88.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 10.9, implying annual growth of 1.1%.
Current consensus DPS estimate is 3.9, implying a prospective dividend yield of 1.1%.
Current consensus EPS estimate suggests the PER is 31.5.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 2.60 cents and EPS of 10.60 cents.
At the last closing share price the estimated dividend yield is 0.76%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 32.36.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.6, implying annual growth of 15.6%.
Current consensus DPS estimate is 5.7, implying a prospective dividend yield of 1.7%.
Current consensus EPS estimate suggests the PER is 27.2.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MEI METEORIC RESOURCES NL
Gold & Silver – Overnight Price: $0.14
Canaccord Genuity rates ((MEI)) as Speculative Buy (1) –
Canaccord Genuity notes the vote by the State Foundation for Environmental to approve Meteoric Resources’ preliminary licence has been rescheduled to December 19 from November 28.
The analyst considers this an inconvenience, with the delay not anticipated to have any impact on the project pipeline.
Meteoric is expected to finish the definitive feasibility study for Caldeira by mid-2026 with the construction licence expected after that.
Speculative Buy rating and $0.40 target maintained.
This report was published on December 1, 2025.
Target price is $0.40 Current Price is $0.14 Difference: $0.255
If MEI meets the Canaccord Genuity target it will return approximately 176% (excluding dividends, fees and charges).
Current consensus price target is $0.33, suggesting upside of 127.6%(ex-dividends)
Forecast for FY26:
Current consensus EPS estimate is -1.0, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is N/A.
Forecast for FY27:
Current consensus EPS estimate is -0.9, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is N/A.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MQG MACQUARIE GROUP LIMITED
Wealth Management & Investments – Overnight Price: $193.97
Jarden rates ((MQG)) as Upgrade to Overweight from Underweight (2) –
After reviewing 1H results, Jarden believes Macquarie Group is entering a transition phase, with recent divestments providing improved earnings visibility.
The broker highlights the agreed sale of Macquarie Asset Management’s (MAM’s) stake in Aligned Data Centers, which secures around three years of performance fees.
MAM has stabilised, according to the analysts, with proceeds from selling its US and European public investments business to Nomura to be redeployed into private markets. A solid capital markets pipeline is believed to support Macquarie Capital (MacCap).
Jarden lifts its FY26-28 cash earnings by up to 5%, upgrading to Overweight from Underweight. Target rises to $220 from $200.
This report was published on November 7, 2025.
Target price is $220.00 Current Price is $193.97 Difference: $26.03
If MQG meets the Jarden target it will return approximately 13% (excluding dividends, fees and charges).
Current consensus price target is $222.20, suggesting upside of 14.6%(ex-dividends)
The company’s fiscal year ends in March.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 700.00 cents and EPS of 1091.40 cents.
At the last closing share price the estimated dividend yield is 3.61%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.77.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 1085.0, implying annual growth of 10.8%.
Current consensus DPS estimate is 701.5, implying a prospective dividend yield of 3.6%.
Current consensus EPS estimate suggests the PER is 17.9.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 830.00 cents and EPS of 1296.40 cents.
At the last closing share price the estimated dividend yield is 4.28%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.96.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 1182.8, implying annual growth of 9.0%.
Current consensus DPS estimate is 771.5, implying a prospective dividend yield of 4.0%.
Current consensus EPS estimate suggests the PER is 16.4.
Market Sentiment: 0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MTS METCASH LIMITED
Food, Beverages & Tobacco – Overnight Price: $3.33
Jarden rates ((MTS)) as Overweight (2) –
Jarden observes Metcash’s 1H26 result came in about -5% below consensus, with hardware and liquor the main sources of weakness as competition, costs and softer demand weighed on earnings.
Food performed better, and the broker notes early signs of improvement in hardware, including strong Total Tools like-for-like growth early in 2H26, though liquor remains under pressure.
Jarden sees leverage to a housing recovery as a key medium-term driver of operating leverage and margin upside.
Overweight. Target price falls to $3.80 from $4.00 given the broker’s earnings forecasts are trimmed -2-3% across FY26-28 on margin pressure, despite modest upgrades to Food.
This report was published on December 2, 2025.
Target price is $3.80 Current Price is $3.33 Difference: $0.47
If MTS meets the Jarden target it will return approximately 14% (excluding dividends, fees and charges).
Current consensus price target is $3.80, suggesting upside of 14.1%(ex-dividends)
The company’s fiscal year ends in April.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 17.50 cents and EPS of 24.10 cents.
At the last closing share price the estimated dividend yield is 5.26%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.82.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 25.1, implying annual growth of -2.9%.
Current consensus DPS estimate is 18.2, implying a prospective dividend yield of 5.5%.
Current consensus EPS estimate suggests the PER is 13.3.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 21.00 cents and EPS of 27.40 cents.
At the last closing share price the estimated dividend yield is 6.31%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.15.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 27.4, implying annual growth of 9.2%.
Current consensus DPS estimate is 19.2, implying a prospective dividend yield of 5.8%.
Current consensus EPS estimate suggests the PER is 12.2.
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SFR SANDFIRE RESOURCES LIMITED
Copper – Overnight Price: $16.28
Canaccord Genuity rates ((SFR)) as Hold (3) –
The outlook for mining in the US continues to look optimistic with US policy aiming for domestically produced critical minerals, Canaccord Genuity observes.
Sandfire Resources is planning to offer a technical update on the Black Butte project this quarter including a revised resource and reserve, as well as updated capital and cost estimates.
Black Butte copper is in Montana and the 2020 feasibility study pointed to a 23ktpa copper operation over an 8 year mine life with capex of -US$274.7m and nameplate capacity of 1.2mtpa, cash costs of -US$1.51/lb.
The analyst values Black Butte at US$548m and estimates it could generate around $200m p.a. in earnings (EBITDA) to Sandfire between 2029-2034.
Hold rated with a $15 target unchanged.
This report was published on December 1, 2025.
Target price is $15.00 Current Price is $16.28 Difference: minus $1.28 (current price is over target).
If SFR meets the Canaccord Genuity target it will return approximately minus 8% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $14.63, suggesting downside of -10.1%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 15.57 cents and EPS of 74.74 cents.
At the last closing share price the estimated dividend yield is 0.96%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 21.78.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 89.7, implying annual growth of N/A.
Current consensus DPS estimate is 21.4, implying a prospective dividend yield of 1.3%.
Current consensus EPS estimate suggests the PER is 18.1.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 15.57 cents and EPS of 105.89 cents.
At the last closing share price the estimated dividend yield is 0.96%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.38.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 101.2, implying annual growth of 12.8%.
Current consensus DPS estimate is 32.0, implying a prospective dividend yield of 2.0%.
Current consensus EPS estimate suggests the PER is 16.1.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: -0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
STK STRICKLAND METALS LIMITED
Mining – Overnight Price: $0.18
Canaccord Genuity rates ((STK)) as Speculative Buy (1) –
Strickland Metals has reported further strong assay results from the Kotlovi prospect, which Canaccord Genuity views as a growing high-grade gold discovery within the 100% owned 7.4moz AuEq Rogozna project in Serbia.
Cash and liquids of $48.1m as at September 30 will allow for ongoing drilling at Rogozna with seven rigs operating.
Speculative Buy. Target set at 60c.
This report was published on December 1, 2025.
Target price is $0.60 Current Price is $0.18 Difference: $0.415
If STK meets the Canaccord Genuity target it will return approximately 224% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
TCG TURACO GOLD LIMITED
Gold & Silver – Overnight Price: $0.58
Canaccord Genuity rates ((TCG)) as Speculative Buy (1) –
Turaco Gold announced drilling results from the Woulo Woulo deposit and Herman prospect.
Woulo Woulo is the 1.6moz cornerstone deposit and results confirm robust continuity of broad mineralised zones and overall confirm it as a large, strong pittable system, the analyst states.
Drilling confirms Herman is part of a larger, multi structure gold system with consistently higher grades, at narrower widths.
Canaccord Genuity believes Turaco is assessing a 5-6mtpa case for its upcoming preliminary feasibility study and at a nominal 1.2g/t gold head grade it could produce over 200koz p.a., and the March quarter update could be over 4.5moz.
Speculative Buy maintained for Turaco. Target price $1.35.
This report was published on December 1, 2025.
Target price is $1.35 Current Price is $0.58 Difference: $0.77
If TCG meets the Canaccord Genuity target it will return approximately 133% (excluding dividends, fees and charges).
The company’s fiscal year ends in December.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 2.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 29.00.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 1.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 58.00.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
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This document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any security or other financial instrument. FNArena employs very experienced journalists who base their work on information believed to be reliable and accurate, though no guarantee is given that the daily report is accurate or complete. Investors should contact their personal adviser before making any investment decision.
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