Daily Market Reports | Mar 19 2026
This story features AML3D LIMITED, and other companies.
For more info SHARE ANALYSIS: AL3
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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)
AL3 ANZ BNZ CBA CCV CTM D3E HLO HUB JDO MQG NAB NST NWL RCL RXL SLS USL WAF WBC
AL3 AML3D LIMITED
Overnight Price: $0.18
Shaw and Partners rates ((AL3)) as Buy (1) –
AML3D has secured a $9.9m order for four custom Arcemy X systems from Newport News Shipping, a division of Huntington Ingalls, the largest US shipbuilder.
This order supports Shaw and Partners’ projections for FY27 revenue of $30m.
The company is expected to grow with US reshoring activity, strengthened by key partnerships including the US Navy and Boeing.
The broker asserts competitive differentiation makes the company a compelling investment opportunity and retains a Buy rating and $0.40 target.
This report was published on March 19, 2026.
Target price is $0.40 Current Price is $0.18 Difference: $0.22
If AL3 meets the Shaw and Partners target it will return approximately 122% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 0.40 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 45.00.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 0.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 90.00.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
ANZ ANZ GROUP HOLDINGS LIMITED
Banks – Overnight Price: $37.13
Jarden rates ((ANZ)) as Overweight (2) –
APRA has announced a consultation on enhancements to bank capital and liquidity frameworks which Jarden notes appears to be a marginal tweak to requirements to further buttress the financial system.
The regulator had recently noted that its inaugural system risk stress test uncovered liquidity stress vulnerabilities from the listed superannuation sector.
The proposals for consultation include LCR banks (the majors plus Macquarie Group) buttressing the liquidity coverage ratio by addressing risks not currently covered. The MLH banks are advised to create a more risk-sensitive framework that incentivises better liquidity management practices.
LCR stands for liquidity coverage ratio and refers to more complex banking operations. MLH refers to minimum liquidity holdings, essentially smaller, less complex bank businesses.
Overweight and $35 target retained for ANZ Bank.
This report was published on March 17, 2026.
Target price is $35.00 Current Price is $37.13 Difference: minus $2.13 (current price is over target).
If ANZ meets the Jarden target it will return approximately minus 6% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $36.79, suggesting downside of -0.9%(ex-dividends)
The company’s fiscal year ends in September.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 166.00 cents and EPS of 252.70 cents.
At the last closing share price the estimated dividend yield is 4.47%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.69.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 251.0, implying annual growth of 26.7%.
Current consensus DPS estimate is 168.0, implying a prospective dividend yield of 4.5%.
Current consensus EPS estimate suggests the PER is 14.8.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 166.00 cents and EPS of 271.60 cents.
At the last closing share price the estimated dividend yield is 4.47%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.67.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 257.9, implying annual growth of 2.7%.
Current consensus DPS estimate is 174.8, implying a prospective dividend yield of 4.7%.
Current consensus EPS estimate suggests the PER is 14.4.
Market Sentiment: -0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
BNZ BENZ MINING CORP.
Gold & Silver – Overnight Price: $2.58
Canaccord Genuity rates ((BNZ)) as Speculative Buy (1) –
Benz Mining has flagged a significant ultra high-grade gold discovery at the Kilkenny prospect, Mount Egerton, Western Australia.
Beneath the historical Hibernian goldmine, the discovery hole intersected 7m at 223g/t from 270m with a broader interval of 11m at 144 g/t gold.
The next steps include further drilling with testing of additional structural targets such as the Galway prospect and advancing exploration across the Mako-Gift-Trading Post cluster.
Canaccord Genuity maintains its Speculative Buy with the target rising to $3.15 from $3.10.
This report was published on March 17, 2026.
Target price is $3.15 Current Price is $2.58 Difference: $0.57
If BNZ meets the Canaccord Genuity target it will return approximately 22% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CBA COMMONWEALTH BANK OF AUSTRALIA
Banks – Overnight Price: $177.09
Jarden rates ((CBA)) as Sell (5) –
APRA has announced a consultation on enhancements to bank capital and liquidity frameworks which Jarden notes appears to be a marginal tweak to requirements to further buttress the financial system.
The regulator had recently noted that its inaugural system risk stress test uncovered liquidity stress vulnerabilities from the listed superannuation sector.
The proposals for consultation include LCR banks (the majors plus Macquarie Group) buttressing the liquidity coverage ratio by addressing risks not currently covered.
The MLH banks are advised to create a more risk-sensitive framework that incentivises better liquidity management practices.
LCR stands for liquidity coverage ratio and refers to more complex banking operations. MLH refers to minimum liquidity holdings, essentially smaller, less complex bank businesses.
Jarden has a Sell rating and $90 target for CommBank.
This report was published on March 17, 2026.
Target price is $90.00 Current Price is $177.09 Difference: minus $87.09 (current price is over target).
If CBA meets the Jarden target it will return approximately minus 49% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $129.71, suggesting downside of -26.6%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 505.00 cents and EPS of 634.00 cents.
At the last closing share price the estimated dividend yield is 2.85%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 27.93.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 656.6, implying annual growth of 8.5%.
Current consensus DPS estimate is 505.0, implying a prospective dividend yield of 2.9%.
Current consensus EPS estimate suggests the PER is 26.9.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 520.00 cents and EPS of 610.00 cents.
At the last closing share price the estimated dividend yield is 2.94%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 29.03.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 690.6, implying annual growth of 5.2%.
Current consensus DPS estimate is 531.0, implying a prospective dividend yield of 3.0%.
Current consensus EPS estimate suggests the PER is 25.6.
Market Sentiment: -1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CCV CASH CONVERTERS INTERNATIONAL LIMITED
Overnight Price: $0.32
Research as a Service (RaaS) rates ((CCV)) as No Rating (-1) –
Cash Converters International’s first half result is a clear indication of increasing earnings diversity in the business, Research as a Service (RaaS) asserts.
Management is intent on delivering growth through capital allocation towards a loan book and a store acquisition program domestically and offshore.
The business has already acquired 41 stores in FY26 for around -$50m and the broker expects this will revert to a more normal level in FY27 of arround -$20m.
Research as a Service (RaaS) believes this is a compelling investment opportunity offering both capital growth and income. Valuation eases back to $0.47 from $0.52.
Research as a Service (RaaS) research standard doesn’t carry any targets, ratings or recommendations. Investors can draw conclusions from valuations and commentary.
This report was published on March 19, 2026.
Target price is $0.47 Current Price is $0.32 Difference: $0.15
If CCV meets the Research as a Service (RaaS) target it will return approximately 47% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Research as a Service (RaaS) forecasts a full year FY26 dividend of 2.00 cents and EPS of 3.60 cents.
At the last closing share price the estimated dividend yield is 6.25%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.89.
Forecast for FY27:
Research as a Service (RaaS) forecasts a full year FY27 dividend of 2.00 cents and EPS of 3.70 cents.
At the last closing share price the estimated dividend yield is 6.25%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.65.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CTM CENTAURUS METALS LIMITED
Nickel – Overnight Price: $0.59
Canaccord Genuity rates ((CTM)) as Speculative Buy (1) –
Centaurus Metals has signed a binding nickel offtake agreement with Switzerland-based Glencore for the Jaguar project, marking a key commercial milestone, according to Canaccord Genuity.
Pricing is linked to LME nickel with by-product credits, alongside milestones including FID by September 2026 and first production by January 2029.
The deal covers 20,000tpa of concentrate, around one-third of planned output, observe the analysts, supporting financing ahead of a final investment decision (FID) targeted for the September quarter.
The agreement is seen as validating the project, with improving nickel market conditions also supportive.
Canaccord raises its target price to 85c from 80c and retains a Speculative Buy rating.
This report was published on March 17, 2026.
Target price is $0.85 Current Price is $0.59 Difference: $0.255
If CTM meets the Canaccord Genuity target it will return approximately 43% (excluding dividends, fees and charges).
The company’s fiscal year ends in December.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 0.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 119.00.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 1.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 49.58.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
D3E D3 ENERGY LIMITED
NatGas – Overnight Price: $0.47
Research as a Service (RaaS) rates ((D3E)) as No Rating (-1) –
Research as a Service (RaaS) notes Natural gas and helium play D3 Energy is progressing its production right application (PRA) and front-end engineering and design (FEED) studies.
Management is targeting project sanction for initial gas and helium development in 2026.
The broker notes planned geophysical campaigns and drilling could lift reserves and resources, supported by positive test results.
Tightening global helium supply and South Africa’s looming gas deficit are seen as enhancing the strategic importance of the company’s assets.
The broke considers D3 Energy a niche opportunity within the global energy market.
A valuation range of $1.44-2.83 per share is assigned, with a midpoint of $2.28.
Research as a Service (RaaS) research standard doesn’t carry any targets, ratings or recommendations. Investors can draw conclusions from valuations and commentary.
This report was published on March 17, 2026.
Target price is $2.28 Current Price is $0.47 Difference: $1.81
If D3E meets the Research as a Service (RaaS) target it will return approximately 385% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Research as a Service (RaaS) forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 2.18 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 21.56.
Forecast for FY27:
Research as a Service (RaaS) forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 1.95 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 24.10.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
HLO HELLOWORLD TRAVEL LIMITED
Travel, Leisure & Tourism – Overnight Price: $1.47
Shaw and Partners rates ((HLO)) as Buy (1) –
Shaw and Partners assesses the latest statistics for January on overseas arrivals and departures bode well for Helloworld Travel, as departures were up 8.4% in the year to date and the travel destination mix “reasonably steady”.
For reference, March is one of the weakest months for outbound travel. The brokerr retains a Buy rating and $2.80 target.
This report was published on March 19, 2026.
Target price is $2.80 Current Price is $1.47 Difference: $1.33
If HLO meets the Shaw and Partners target it will return approximately 90% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 11.00 cents and EPS of 22.20 cents.
At the last closing share price the estimated dividend yield is 7.48%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 6.62.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 12.00 cents and EPS of 23.20 cents.
At the last closing share price the estimated dividend yield is 8.16%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 6.34.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
HUB HUB24 LIMITED
Wealth Management & Investments – Overnight Price: $82.94
Jarden rates ((HUB)) as Buy (1) –
Jarden’s analysis of APRA fund-level superannuation data for large funds reinforces its conviction that Hub24 is the stand-out beneficiary of structural flows within the Australian system.
The company is extending its lead over rival Netwealth Group in organic growth, outpacing on competitive rollovers, member contributions and SMSF capture. The differential is expected to persist over the next 12-24 months given Hub24’s investment in the wider ecosystem.
Broadly, specialist platform providers are continuing to take a disproportionate share of industry super funds and legacy retail, likely reflecting superior platform functionality, the broker adds. Buy rating and $129.70 target maintained.
This report was published on March 17, 2026.
Target price is $129.70 Current Price is $82.94 Difference: $46.76
If HUB meets the Jarden target it will return approximately 56% (excluding dividends, fees and charges).
Current consensus price target is $111.89, suggesting upside of 38.4%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 75.70 cents and EPS of 166.40 cents.
At the last closing share price the estimated dividend yield is 0.91%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 49.84.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 163.4, implying annual growth of 66.5%.
Current consensus DPS estimate is 77.9, implying a prospective dividend yield of 1.0%.
Current consensus EPS estimate suggests the PER is 49.5.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 87.90 cents and EPS of 192.80 cents.
At the last closing share price the estimated dividend yield is 1.06%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 43.02.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 194.6, implying annual growth of 19.1%.
Current consensus DPS estimate is 96.4, implying a prospective dividend yield of 1.2%.
Current consensus EPS estimate suggests the PER is 41.5.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
JDO JUDO CAPITAL HOLDINGS LIMITED
Business & Consumer Credit – Overnight Price: $1.50
Jarden rates ((JDO)) as Buy (1) –
APRA has announced a consultation on enhancements to bank capital and liquidity frameworks which Jarden notes appears to be a marginal tweak to requirements to further buttress the financial system.
The regulator had recently noted that its inaugural system risk stress test uncovered liquidity stress vulnerabilities from the listed superannuation sector.
The proposals for consultation include LCR banks (the majors plus Macquarie Group) buttressing the liquidity coverage ratio by addressing risks not currently covered.
The MLH banks are advised to create a more risk-sensitive framework that incentivises better liquidity management practices.
For smaller ADIs with more stable funding sources such as Judo Capital’s term deposit base, APRA expects the changes will reduce their liquid asset holdings.
ADIs are Authorised Deposit-taking Institution, the formal regulatory term used by APRA for any entity that is allowed to take deposits from the public in Australia.
LCR stands for liquidity coverage ratio and refers to more complex banking operations. MLH refers to minimum liquidity holdings, essentially smaller, less complex bank businesses.
Jarden retains a Buy rating and $2.50 target for Judo Capital.
This report was published on March 17, 2026.
Target price is $2.50 Current Price is $1.50 Difference: $0.995
If JDO meets the Jarden target it will return approximately 66% (excluding dividends, fees and charges).
Current consensus price target is $2.20, suggesting upside of 48.5%(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 10.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.94.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 11.5, implying annual growth of 48.4%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 12.9.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 17.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.80.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 15.1, implying annual growth of 31.3%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 9.8.
Market Sentiment: 0.9
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: $197.38
Jarden rates ((MQG)) as Buy (1) –
APRA has announced a consultation on enhancements to bank capital and liquidity frameworks which Jarden notes appears to be a marginal tweak to requirements to further buttress the financial system.
The regulator had recently noted that its inaugural system risk stress test uncovered liquidity stress vulnerabilities from the listed superannuation sector.
The proposals for consultation include LCR banks (the majors plus Macquarie Group) buttressing the liquidity coverage ratio by addressing risks not currently covered.
The MLH banks are advised to create a more risk-sensitive framework that incentivises better liquidity management practices.
LCR stands for liquidity coverage ratio and refers to more complex banking operations. MLH refers to minimum liquidity holdings, essentially smaller, less complex bank businesses.
Jarden retains a Buy rating and $240 target on Macquarie Group.
This report was published on March 17, 2026.
Target price is $240.00 Current Price is $197.38 Difference: $42.62
If MQG meets the Jarden target it will return approximately 22% (excluding dividends, fees and charges).
Current consensus price target is $229.30, suggesting upside of 17.1%(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 3.55%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.09.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 1127.4, implying annual growth of 15.1%.
Current consensus DPS estimate is 718.5, implying a prospective dividend yield of 3.7%.
Current consensus EPS estimate suggests the PER is 17.4.
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 4.21%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.23.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 1195.1, implying annual growth of 6.0%.
Current consensus DPS estimate is 773.5, implying a prospective dividend yield of 3.9%.
Current consensus EPS estimate suggests the PER is 16.4.
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
NAB NATIONAL AUSTRALIA BANK LIMITED
Banks – Overnight Price: $47.23
Jarden rates ((NAB)) as Sell (5) –
APRA has announced a consultation on enhancements to bank capital and liquidity frameworks which Jarden notes appears to be a marginal tweak to requirements to further buttress the financial system.
The regulator had recently noted that its inaugural system risk stress test uncovered liquidity stress vulnerabilities from the listed superannuation sector.
The proposals for consultation include LCR banks (the majors plus Macquarie Group) buttressing the liquidity coverage ratio by addressing risks not currently covered.
The MLH banks are advised to create a more risk-sensitive framework that incentivises better liquidity management practices.
LCR stands for liquidity coverage ratio and refers to more complex banking operations. MLH refers to minimum liquidity holdings, essentially smaller, less complex bank businesses.
Jarden retains a Sell rating and $30 target for National Australia Bank.
This report was published on March 17, 2026.
Target price is $30.00 Current Price is $47.23 Difference: minus $17.23 (current price is over target).
If NAB meets the Jarden target it will return approximately minus 36% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $42.09, suggesting downside of -10.7%(ex-dividends)
The company’s fiscal year ends in September.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 171.00 cents and EPS of 238.20 cents.
At the last closing share price the estimated dividend yield is 3.62%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.83.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 245.3, implying annual growth of 11.0%.
Current consensus DPS estimate is 172.2, implying a prospective dividend yield of 3.7%.
Current consensus EPS estimate suggests the PER is 19.2.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 171.00 cents and EPS of 240.90 cents.
At the last closing share price the estimated dividend yield is 3.62%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.61.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 253.8, implying annual growth of 3.5%.
Current consensus DPS estimate is 175.6, implying a prospective dividend yield of 3.7%.
Current consensus EPS estimate suggests the PER is 18.6.
Market Sentiment: -0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
NST NORTHERN STAR RESOURCES LIMITED
Gold & Silver – Overnight Price: $20.95
Canaccord Genuity rates ((NST)) as Buy (1) –
Northern Star Resources has downgraded FY26 production guidance to above 1.50moz from 1.60moz-1.70moz, reflecting ongoing operational challenges, observes Canaccord Genuity.
The broker highlights weaker throughput at KCGM and lower mining productivity at Jundee.
KCGM issues relate to plant performance, with expansion on track for early FY27, the analysts explain, while Jundee faces declining grades, rising costs and an operational review.
Canaccord cuts its target price to $28.40 from $33.80 and retains a Buy rating.
This report was published on March 16, 2026.
Target price is $28.40 Current Price is $20.95 Difference: $7.45
If NST meets the Canaccord Genuity target it will return approximately 36% (excluding dividends, fees and charges).
Current consensus price target is $29.20, suggesting upside of 53.5%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 42.00 cents and EPS of 113.00 cents.
At the last closing share price the estimated dividend yield is 2.00%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.54.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 139.4, implying annual growth of 23.8%.
Current consensus DPS estimate is 54.8, implying a prospective dividend yield of 2.9%.
Current consensus EPS estimate suggests the PER is 13.6.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 58.00 cents and EPS of 242.00 cents.
At the last closing share price the estimated dividend yield is 2.77%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.66.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 228.7, implying annual growth of 64.1%.
Current consensus DPS estimate is 77.5, implying a prospective dividend yield of 4.1%.
Current consensus EPS estimate suggests the PER is 8.3.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
NWL NETWEALTH GROUP LIMITED
Wealth Management & Investments – Overnight Price: $21.31
Jarden rates ((NWL)) as Neutral (3) –
Jarden’s analysis of APRA fund-level superannuation data for large funds confirms the view that specialist platform providers are continuing to take a disproportionate share from both industry super funds and legacy retail, likely reflecting superior platform functionality.
Netwealth Group is being overshadowed by Hub24 in terms of organic growth, outpaced on competitive rollovers, member contributions and SMSF capture, the broker adds. The differential is expected to persist over the next 12-24 months given the latter’s investment in the wider ecosystem.
Neutral rating and $26.85 target maintained.
This report was published on March 17, 2026.
Target price is $26.85 Current Price is $21.31 Difference: $5.54
If NWL meets the Jarden target it will return approximately 26% (excluding dividends, fees and charges).
Current consensus price target is $30.35, suggesting upside of 43.8%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 43.50 cents and EPS of 55.00 cents.
At the last closing share price the estimated dividend yield is 2.04%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 38.75.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 45.4, implying annual growth of -4.7%.
Current consensus DPS estimate is 43.7, implying a prospective dividend yield of 2.1%.
Current consensus EPS estimate suggests the PER is 46.5.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 50.30 cents and EPS of 61.00 cents.
At the last closing share price the estimated dividend yield is 2.36%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 34.93.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 63.4, implying annual growth of 39.6%.
Current consensus DPS estimate is 51.0, implying a prospective dividend yield of 2.4%.
Current consensus EPS estimate suggests the PER is 33.3.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
RCL READCLOUD LIMITED
Education & Tuition – Overnight Price: $0.08
Research as a Service (RaaS) rates ((RCL)) as No Rating (-1) –
Research as a Service (RaaS) highlights ReadCloud is transitioning out of its industry training business through FY26 to focus on VET-in-Schools and eBooks.
The shift simplifies the business, in the analyst’s view, enabling capital and management to focus on core growth areas with lower volatility. Overall, the transition is seen as strengthening long-term growth and strategic clarity.
Earnings (EBITDA) are forecast to rise to $2.7m in FY28 from $0.7m in FY26, alongside an improving return on equity (ROI). Valuation rises to 36c from 35c.
Research as a Service (RaaS) research standard doesn’t carry any targets, ratings or recommendations. Investors can draw conclusions from valuations and commentary.
This report was published on March 17, 2026.
Target price is $0.36 Current Price is $0.08 Difference: $0.28
If RCL meets the Research as a Service (RaaS) target it will return approximately 350% (excluding dividends, fees and charges).
The company’s fiscal year ends in September.
Forecast for FY26:
Research as a Service (RaaS) forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.00.
Forecast for FY27:
Research as a Service (RaaS) forecasts a full year FY27 dividend of 0.00 cents and EPS of 1.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.27.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
RXL ROX RESOURCES LIMITED
Gold & Silver – Overnight Price: $0.52
Canaccord Genuity rates ((RXL)) as Speculative Buy (1) –
Rox Resources has made a final investment decision on the Youanmi gold project, marking a formal transition to construction.
Ground work will begin immediately including bulk earthworks and contract awards for the power station and oxygen plant under a build-own-operate arrangement. The project is now fully funded.
Canaccord Genuity retains a Speculative Buy rating with a $1.15 target.
This report was published on March 17, 2026.
Target price is $1.15 Current Price is $0.52 Difference: $0.63
If RXL meets the Canaccord Genuity target it will return approximately 121% (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 0.00 cents.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SLS SOLSTICE MINERALS LIMITED
Overnight Price: $1.00
Canaccord Genuity rates ((SLS)) as Speculative Buy (1) –
Solstice Minerals shares have risen strongly following reporting of the final assays from phase 1 RC drilling at Nanadie copper-gold project. The results confirm potential to expand the existing 40.4mt resource in both scale and grade, Canaccord Genuity asserts.
Based on the results, the company is planning around 8000m of phase 2 RC drilling, targeting high-grade intercepts from previous holes and testing additional step-out, down-dip and geophysical targets.
The broker likes the project as it is located in a very accessible part of Western Australia, situated near surface on a granted mining lease. Speculative Buy rating and a $1.85 target.
This report was published on March 17, 2026.
Target price is $1.85 Current Price is $1.00 Difference: $0.85
If SLS meets the Canaccord Genuity target it will return approximately 85% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
USL UNICO SILVER LIMITED
Gold & Silver – Overnight Price: $0.73
Canaccord Genuity rates ((USL)) as Speculative Buy (1) –
Unico Silver has upgraded the resource at its Joaquin project in Santa Cruz, Argentina. The updated JORC resource now stands at 45.3mt at 115g/t silver equivalent for 167m ounces.
Canaccord Genuity explains this represents a 143% increase in contain silver equivalent ounces since the company acquired the project in October 2024.
Canaccord Genuity highlights the fact growth has been driven by just 27,723m of drilling completed since April 2025 with an “impressive” discovery cost of just US$0.11 per silver equivalent ounces.
Speculative Buy. Target is $1.85.
This report was published on March 17, 2026.
Target price is $1.85 Current Price is $0.73 Difference: $1.115
If USL meets the Canaccord Genuity target it will return approximately 152% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
WAF WEST AFRICAN RESOURCES LIMITED
Gold & Silver – Overnight Price: $3.03
Canaccord Genuity rates ((WAF)) as Speculative Buy (1) –
West African Resources posted underlying EBITDA of $913m in its 2025 results, in line with Cannaccord Genuity’s forecasts. Net profit was lower than expected because of higher tax expenses.
Operating cash flow of $790m was achieved and the company sold 280,000 ounces at AISC of US$1488/oz. The broker callibrates its model for the results, retaining a Speculative Buy rating with a $5.70 target.
This report was published on March 17, 2026.
Target price is $5.70 Current Price is $3.03 Difference: $2.67
If WAF meets the Canaccord Genuity target it will return approximately 88% (excluding dividends, fees and charges).
The company’s fiscal year ends in December.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 19.00 cents and EPS of 97.00 cents.
At the last closing share price the estimated dividend yield is 6.27%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 3.12.
Forecast for FY27:
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
WBC WESTPAC BANKING CORPORATION
Banks – Overnight Price: $41.53
Jarden rates ((WBC)) as Underweight (4) –
APRA has announced a consultation on enhancements to bank capital and liquidity frameworks which Jarden notes appears to be a marginal tweak to requirements to further buttress the financial system.
The regulator had recently noted that its inaugural system risk stress test uncovered liquidity stress vulnerabilities from the listed superannuation sector.
The proposals for consultation include LCR banks (the majors plus Macquarie Group) buttressing the liquidity coverage ratio by addressing risks not currently covered.
The MLH banks are advised to create a more risk-sensitive framework that incentivises better liquidity management practices.
LCR stands for liquidity coverage ratio and refers to more complex banking operations. MLH refers to minimum liquidity holdings, essentially smaller, less complex bank businesses.
Jarden retains an Underweight rating and $32 target for Westpac.
This report was published on March 17, 2026.
Target price is $32.00 Current Price is $41.53 Difference: minus $9.53 (current price is over target).
If WBC meets the Jarden target it will return approximately minus 23% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $35.97, suggesting downside of -12.9%(ex-dividends)
The company’s fiscal year ends in September.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 155.00 cents and EPS of 200.70 cents.
At the last closing share price the estimated dividend yield is 3.73%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.69.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 211.9, implying annual growth of 4.9%.
Current consensus DPS estimate is 161.4, implying a prospective dividend yield of 3.9%.
Current consensus EPS estimate suggests the PER is 19.5.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 157.00 cents and EPS of 198.40 cents.
At the last closing share price the estimated dividend yield is 3.78%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.93.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 221.1, implying annual growth of 4.3%.
Current consensus DPS estimate is 167.2, implying a prospective dividend yield of 4.0%.
Current consensus EPS estimate suggests the PER is 18.7.
Market Sentiment: -0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Disclaimer:
The content of this information does in no way reflect the opinions of FNArena, or of its journalists. In fact we don’t have any opinion about the stock market, its value, future direction or individual shares. FNArena solely reports about what the main experts in the market note, believe and comment on. By doing so we believe we provide experienced, intelligent investors with a valuable tool that helps them in making up their own minds, reading market trends and getting a feel for what is happening beneath the surface.
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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