Daily Market Reports | Apr 13 2026
This story features 29METALS LIMITED, and other companies.
For more info SHARE ANALYSIS: 29M
The company is included in ALL-ORDS
An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities.
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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)
29M 3DA AIA AMP APZ BEN BNZ CGF CGS CIA CSL FMG GG8 HUB IGO KLS LTR MIN MTM NWL ORA PLS PLT SFR (2) SPG STN SYR TCL TLC TLX TOR WAF
29M 29METALS LIMITED
Copper – Overnight Price: $0.39
Jarden rates ((29M)) as Underweight (4) –
Jarden marks to market March quarter prices for copper, lithium and graphite. Near-term cost assumptions are also raised across its resources coverage to reflect higher diesel prices, impacting haulage, equipment, contractors and consumables.
Even if the Strait of Hormuz fully reopens, disruption since early March has already depleted reserves, the analysts caution. The Iran conflict has reshaped supply chains and, in the broker’s view, embedded lasting cost inflation across the mining sector.
Jarden has increased its medium-term (lithium) SC6 price forecasts across FY26-FY29. The broker also raises its long-term gold price to US$3,000/oz (real) and silver to US$40/oz (real), while maintaining its long-term copper price at US$5.00/lb (real).
The Underweight rating is retained for 29Metals. The target is increased to 38c from 35c.
This report was published on April 10, 2026.
Target price is $0.38 Current Price is $0.39 Difference: minus $0.01 (current price is over target).
If 29M meets the Jarden target it will return approximately minus 3% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $0.53, suggesting upside of 35.9%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 3.60 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 10.83.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 0.5, implying annual growth of -69.3%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 78.0.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 2.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.57.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 2.7, implying annual growth of 440.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 14.4.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
3DA AMAERO LIMITED
Industrial Sector Contractors & Engineers – Overnight Price: $0.32
Research as a Service (RaaS) rates ((3DA)) as No Rating (-1) –
Amaero has secured a $7.8m titanium powder order under a Master Purchasing Agreement, with scope for additional orders as customer demand grows, Research as a Service (RaaS) highlights.
Management expects further orders in FY27 and plans to double titanium powder production over FY26, supported by a pipeline of opportunities that could exceed 100 tonnes annually, the analyst explains.
RaaS forecasts strong revenue growth, up 128% in FY26, as production ramps across its first three EIGA units.
A valuation of 72c is maintained.
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 April 13, 2026.
Target price is $0.72 Current Price is $0.32 Difference: $0.4
If 3DA meets the Research as a Service (RaaS) target it will return approximately 125% (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 2.90 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 11.03.
Forecast for FY27:
Research as a Service (RaaS) forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 1.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 18.82.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
AIA AUCKLAND INTERNATIONAL AIRPORT LIMITED
Infrastructure & Utilities – Overnight Price: $6.85
Jarden rates ((AIA)) as Neutral (3) –
Jarden maintains a Neutral rating on Auckland International Airport following a review of capacity data.
The broker observes while seat capacity has reduced since the start of the Middle East conflict, the impact on overall passenger volumes has been limited to date.
Commentary suggests higher airfares and elevated uncertainty present a risk of demand suppression in the coming months, prompting a reduction in FY26 passenger volume projections by -1.6%.
Normalised NPAT forecasts for FY26 and FY27 have been revised down by -2% and -1%, respectively, to reflect a modestly lower volume outlook.
The 12-month target price decreases to NZ$7.97 from NZ$8.14 primarily as a result of higher risk-free rates in the valuation.
This report was published on April 8, 2026.
Target price is $7.97 Current Price is $6.85 Difference: $1.12
If AIA meets the Jarden target it will return approximately 16% (excluding dividends, fees and charges).
Current consensus price target is $7.26, suggesting upside of 7.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 11.95 cents and EPS of 15.22 cents.
At the last closing share price the estimated dividend yield is 1.74%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 45.00.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 15.2, implying annual growth of N/A.
Current consensus DPS estimate is 10.9, implying a prospective dividend yield of 1.6%.
Current consensus EPS estimate suggests the PER is 44.5.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 12.83 cents and EPS of 18.32 cents.
At the last closing share price the estimated dividend yield is 1.87%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 37.39.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 15.9, implying annual growth of 4.6%.
Current consensus DPS estimate is 11.5, implying a prospective dividend yield of 1.7%.
Current consensus EPS estimate suggests the PER is 42.6.
This company reports in NZD. 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
AMP AMP LIMITED
Wealth Management & Investments – Overnight Price: $1.36
Jarden rates ((AMP)) as Overweight (2) –
Jarden makes earnings downgrades across its wealth coverage and retains an Overweight rating for AMP, reducing the target to $1.55 from $1.65.
The EPS revisions reflect the weakness in domestic equity markets over the March quarter, while the broker incorporates the recently-announced $150m on-market share buyback.
In the March quarter, equity markets fell broadly across both domestic and offshore markets. Domestically, the Middle East conflict and a hawkish Reserve Bank drove a sharp lift in interest-rate expectations and added to headwinds.
This report was published on April 9, 2026.
Target price is $1.55 Current Price is $1.36 Difference: $0.185
If AMP meets the Jarden target it will return approximately 14% (excluding dividends, fees and charges).
Current consensus price target is $1.78, suggesting upside of 30.1%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 4.00 cents and EPS of 11.30 cents.
At the last closing share price the estimated dividend yield is 2.93%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.08.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 11.9, implying annual growth of 126.2%.
Current consensus DPS estimate is 4.0, implying a prospective dividend yield of 2.9%.
Current consensus EPS estimate suggests the PER is 11.5.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 4.00 cents and EPS of 11.50 cents.
At the last closing share price the estimated dividend yield is 2.93%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.87.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.7, implying annual growth of 6.7%.
Current consensus DPS estimate is 4.0, implying a prospective dividend yield of 2.9%.
Current consensus EPS estimate suggests the PER is 10.8.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
APZ ASPEN GROUP LIMITED
Real Estate – Overnight Price: $5.00
Jarden rates ((APZ)) as Initiation of coverage with Overweight (2) –
Jarden initiates coverage on Aspen Group with an Overweight rating and a $5.65 target price.
As the initiation report explains, Aspen Group’s strategy is to own and develop affordable accommodation suiting the circa 40% of Australian households with a median income of less than $100k p.a. (equates to rents of maximum $450/week and dwelling prices of less than $500k).
While linked to the resi market, commentary states Aspen’s occupancy is underwritten by the lack of supply of affordable housing.
This report was published on April 10, 2026.
Target price is $5.65 Current Price is $5.00 Difference: $0.65
If APZ meets the Jarden target it will return approximately 13% (excluding dividends, fees and charges).
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
BEN BENDIGO & ADELAIDE BANK LIMITED
Banks – Overnight Price: $11.49
Jarden rates ((BEN)) as Neutral (3) –
Jarden maintains a Neutral rating on Bendigo & Adelaide Bank with a $11.00 target price after the bank released its third-quarter trading update and announced new strategic partnerships.
The broker observes a positive margin trajectory continues, with the net interest margin increasing 6bps to 1.98%, though this remains balanced against slow volume momentum.
To drive the second phase of its productivity program, the bank has entered partnerships with Infosys and Genpact, which the broker expects to deliver an annual run-rate expense benefit of $65-75m by 2028.
While these changes result in near-term transition costs of -$85-95m, the broker suggests the long-term process optimisation should support stronger risk management.
Financial forecasts for cash earnings have been adjusted by 4% in 2026 and -12% in 2027 to reflect the better margin outlook and the timing of transition expenses.
This report was published on April 9, 2026.
Target price is $11.00 Current Price is $11.49 Difference: minus $0.49 (current price is over target).
If BEN meets the Jarden target it will return approximately minus 4% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $10.67, suggesting downside of -6.9%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 63.00 cents and EPS of 84.20 cents.
At the last closing share price the estimated dividend yield is 5.48%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.65.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 83.8, implying annual growth of N/A.
Current consensus DPS estimate is 63.3, implying a prospective dividend yield of 5.5%.
Current consensus EPS estimate suggests the PER is 13.7.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 64.00 cents and EPS of 73.20 cents.
At the last closing share price the estimated dividend yield is 5.57%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.70.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 82.2, implying annual growth of -1.9%.
Current consensus DPS estimate is 62.7, implying a prospective dividend yield of 5.5%.
Current consensus EPS estimate suggests the PER is 13.9.
Market Sentiment: -0.5
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: $2.64
Canaccord Genuity rates ((BNZ)) as Speculative Buy (1) –
Canaccord Genuity maintains a Speculative Buy rating and a $3.15 target price for Benz Mining following multiple high-grade gold discoveries at the Glenburgh Gold Project in Western Australia.
The broker highlights that drilling has confirmed a new mineralised corridor at the Hurricane trend, which extends over one kilometre and is interpreted as a repeat of the high-grade Zone 126 system.
Furthermore, the discovery of a new structure named Lens 0 has linked two key zones for the first time, establishing a continuous mineralised corridor that is open in all directions.
The broker acknowledges the company is still in the pre-resource stage but expresses confidence that it is developing a multi-million-ounce system.
No updates have been made to earnings forecasts, as the company remains an explorer without active production revenue.
This report was published on April 9, 2026.
Target price is $3.15 Current Price is $2.64 Difference: $0.51
If BNZ meets the Canaccord Genuity target it will return approximately 19% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CGF CHALLENGER LIMITED
Wealth Management & Investments – Overnight Price: $8.07
Jarden rates ((CGF)) as Resume coverage with Neutral (3) –
Jarden makes earnings downgrades across its wealth coverage and reinstates Challenger with a Neutral rating and $8.60 target. A mark down in funds management is broadly offset by a flat life result for the company.
The broker notes its solvency position remains robust ahead of an updated capital framework, and further upside is contingent on the ability of the business to convert the improved capital backdrop into organic annuity growth.
In the March quarter, equity markets fell broadly across both domestic and offshore markets. Domestically, the Middle East conflict and a hawkish Reserve Bank drove a sharp lift in interest-rate expectations and added to headwinds.
This report was published on April 8, 2026.
Target price is $8.60 Current Price is $8.07 Difference: $0.53
If CGF meets the Jarden target it will return approximately 7% (excluding dividends, fees and charges).
Current consensus price target is $9.60, suggesting upside of 19.0%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 30.90 cents and EPS of 63.50 cents.
At the last closing share price the estimated dividend yield is 3.83%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.71.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 64.2, implying annual growth of 129.3%.
Current consensus DPS estimate is 31.5, implying a prospective dividend yield of 3.9%.
Current consensus EPS estimate suggests the PER is 12.6.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 32.90 cents and EPS of 69.50 cents.
At the last closing share price the estimated dividend yield is 4.08%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.61.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 67.2, implying annual growth of 4.7%.
Current consensus DPS estimate is 34.3, implying a prospective dividend yield of 4.3%.
Current consensus EPS estimate suggests the PER is 12.0.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CGS COGSTATE LIMITED
Medical Equipment & Devices – Overnight Price: $2.30
Canaccord Genuity rates ((CGS)) as Buy (1) –
Canaccord Genuity maintains a Buy rating on Cogstate with a $3.15 price target following a third-quarter trading update.
The broker observes that sales orders and contracted revenue are tracking in line with full-year forecasts, which supports earnings visibility.
Growing contributions from mood, sleep and rare disease programs are highlighted by the broker alongside the core Alzheimer’s business.
Valuation is supported by continued pipeline expansion and expected earnings growth over the forecast period, in the broker’s view.
Financial forecasts remain unchanged in this update.
This report was published on April 8, 2026.
Target price is $3.15 Current Price is $2.30 Difference: $0.85
If CGS meets the Canaccord Genuity target it will return approximately 37% (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 3.01 cents and EPS of 10.54 cents.
At the last closing share price the estimated dividend yield is 1.31%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 21.82.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 4.52 cents and EPS of 12.05 cents.
At the last closing share price the estimated dividend yield is 1.96%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.09.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CIA CHAMPION IRON LIMITED
Iron Ore – Overnight Price: $5.23
Jarden rates ((CIA)) as Overweight (2) –
Jarden previews the March quarter production report from Champion Iron, increasing near-term cost assumptions to reflect disruptions to the fuel supply. The stock remains its preferred pick among iron ore producers.
The broker notes the ceasefire between the US and Iran is fragile, conditional and temporary, and even when the Strait of Hormuz fully opens the disruption will have already drawn down reserves, repriced supply chains and embedded future cost inflation across the mining sector that may never unwind.
Overweight retained. Target is reduced to $5.50 from $5.70.
This report was published on April 9, 2026.
Target price is $5.50 Current Price is $5.23 Difference: $0.27
If CIA meets the Jarden target it will return approximately 5% (excluding dividends, fees and charges).
The company’s fiscal year ends in March.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 21.81 cents and EPS of 37.07 cents.
At the last closing share price the estimated dividend yield is 4.17%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.11.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 11.99 cents and EPS of 39.25 cents.
At the last closing share price the estimated dividend yield is 2.29%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.32.
This company reports in CAD. 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
CSL CSL LIMITED
Pharmaceuticals & Biotech/Lifesciences – Overnight Price: $139.19
Jarden rates ((CSL)) as Overweight (2) –
Jarden maintains an Overweight rating on CSL with a $270.00 price target following a review of exposure to new US pharmaceutical tariffs.
The broker believes the company is well-positioned to secure exemptions, supported by ongoing investment in US manufacturing capacity.
Only a small portion of group revenue is exposed to potential tariffs, with any impact expected to be minimal.
While some uncertainty remains around the Seqirus division, the broker considers the majority of the portfolio to be low risk under the proposed framework.
Earnings forecasts remain unchanged in this update.
This report was published on April 8, 2026.
Target price is $270.00 Current Price is $139.19 Difference: $130.81
If CSL meets the Jarden target it will return approximately 94% (excluding dividends, fees and charges).
Current consensus price target is $202.91, suggesting upside of 49.0%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 439.69 cents and EPS of 959.34 cents.
At the last closing share price the estimated dividend yield is 3.16%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.51.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 900.6, implying annual growth of N/A.
Current consensus DPS estimate is 444.5, implying a prospective dividend yield of 3.3%.
Current consensus EPS estimate suggests the PER is 15.1.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 454.75 cents and EPS of 1059.48 cents.
At the last closing share price the estimated dividend yield is 3.27%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.14.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 1059.3, implying annual growth of 17.6%.
Current consensus DPS estimate is 500.6, implying a prospective dividend yield of 3.7%.
Current consensus EPS estimate suggests the PER is 12.9.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
FMG FORTESCUE LIMITED
Iron Ore – Overnight Price: $20.26
Jarden rates ((FMG)) as Underweight (4) –
Jarden previews the March quarter production report from Fortescue, increasing near-term cost assumptions to reflect disruptions to the fuel supply.
The broker notes the ceasefire between the US and Iran is fragile, conditional and temporary, and even when the Strait of Hormuz fully opens the disruption will have already drawn down reserves, repriced supply chains and embedded future cost inflation across the mining sector that may never unwind.
Underweight retained with the target reduced to $16.40 from $17.15.
This report was published on April 9, 2026.
Target price is $16.40 Current Price is $20.26 Difference: minus $3.86 (current price is over target).
If FMG meets the Jarden target it will return approximately minus 19% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $20.46, suggesting upside of 0.8%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 176.18 cents and EPS of 176.18 cents.
At the last closing share price the estimated dividend yield is 8.70%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.50.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 157.5, implying annual growth of N/A.
Current consensus DPS estimate is 116.0, implying a prospective dividend yield of 5.7%.
Current consensus EPS estimate suggests the PER is 12.9.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 105.41 cents and EPS of 123.48 cents.
At the last closing share price the estimated dividend yield is 5.20%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.41.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 127.5, implying annual growth of -19.0%.
Current consensus DPS estimate is 72.0, implying a prospective dividend yield of 3.5%.
Current consensus EPS estimate suggests the PER is 15.9.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
GG8 GORILLA GOLD MINES LIMITED
Gold & Silver – Overnight Price: $0.36
Canaccord Genuity rates ((GG8)) as Buy (1) –
Canaccord Genuity maintains a Speculative Buy rating on Gorilla Gold Mines with a $1.00 price target after reporting further high-grade drilling results from the Comet Vale Gold Project.
Recent intercepts at the Sovereign deposit, including 10.6m at 7.1g/t gold, confirm the continuity of mineralisation at depth and support further resource growth.
The broker highlights the strategic value of the North Kalgoorlie Hub, which combines multiple deposits to form a 1.2Moz system.
An aggressive 150,000m drilling program is currently underway with five rigs operating to define a large-scale gold system.
No changes were made to financial forecasts in this update, as the projects are not yet at a study stage.
This report was published on April 8, 2026.
Target price is $1.00 Current Price is $0.36 Difference: $0.635
If GG8 meets the Canaccord Genuity target it will return approximately 174% (excluding dividends, fees and charges).
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: $88.03
Jarden rates ((HUB)) as Buy (1) –
Jarden makes earnings downgrades across its wealth coverage and retains a Buy rating for Hub24, reducing the target to $119.50 from $129.70.
Hub24 remains the broker’s key pick in the sector, expecting it to continue dominating net flows. Growing sector-level regulatory scrutiny and industry consolidation is expected to also benefit the stock.
In the March quarter, equity markets fell broadly across both domestic and offshore markets. Domestically, the Middle East conflict and a hawkish Reserve Bank drove a sharp lift in interest-rate expectations and added to headwinds.
This report was published on April 9, 2026.
Target price is $119.50 Current Price is $88.03 Difference: $31.47
If HUB meets the Jarden target it will return approximately 36% (excluding dividends, fees and charges).
Current consensus price target is $107.69, suggesting upside of 23.9%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 74.10 cents and EPS of 163.20 cents.
At the last closing share price the estimated dividend yield is 0.84%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 53.94.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 162.4, implying annual growth of 65.4%.
Current consensus DPS estimate is 77.9, implying a prospective dividend yield of 0.9%.
Current consensus EPS estimate suggests the PER is 53.5.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 81.60 cents and EPS of 179.00 cents.
At the last closing share price the estimated dividend yield is 0.93%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 49.18.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 191.4, implying annual growth of 17.9%.
Current consensus DPS estimate is 95.8, implying a prospective dividend yield of 1.1%.
Current consensus EPS estimate suggests the PER is 45.4.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
IGO IGO LIMITED
Nickel – Overnight Price: $8.15
Jarden rates ((IGO)) as Neutral (3) –
Jarden marks to market March quarter prices for copper, lithium and graphite. Near-term cost assumptions are also raised across its resources coverage to reflect higher diesel prices, impacting haulage, equipment, contractors and consumables.
Even if the Strait of Hormuz fully reopens, disruption since early March has already depleted reserves, the analysts caution. The Iran conflict has reshaped supply chains and, in the broker’s view, embedded lasting cost inflation across the mining sector.
Jarden has increased its medium-term (lithium) SC6 price forecasts across FY26-FY29. The broker also raises its long-term gold price to US$3,000/oz (real) and silver to US$40/oz (real), while maintaining its long-term copper price at US$5.00/lb (real).
The Neutral rating is retained for IGO Ltd. The target rises by 2% to $5.50.
This report was published on April 10, 2026.
Target price is $5.50 Current Price is $8.15 Difference: minus $2.65 (current price is over target).
If IGO meets the Jarden target it will return approximately minus 33% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $9.06, suggesting upside of 12.4%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 6.00 cents and EPS of 21.00 cents.
At the last closing share price the estimated dividend yield is 0.74%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 38.81.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 16.4, implying annual growth of N/A.
Current consensus DPS estimate is 0.3, implying a prospective dividend yield of 0.0%.
Current consensus EPS estimate suggests the PER is 49.1.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 4.00 cents and EPS of 35.00 cents.
At the last closing share price the estimated dividend yield is 0.49%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 23.29.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 93.5, implying annual growth of 470.1%.
Current consensus DPS estimate is 13.8, implying a prospective dividend yield of 1.7%.
Current consensus EPS estimate suggests the PER is 8.6.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
KLS KELSIAN GROUP LIMITED
Transportation & Logistics – Overnight Price: $4.00
Jarden rates ((KLS)) as Initiation of coverage with Overweight (2) –
Jarden initiates coverage on Kelsian Group with an Overweight rating and a $4.70 target price.
The broker believes recent structural changes, including the peak in capital expenditure and the proposed $161m sale of cyclical tourism assets, present a significant investment opportunity.
Strong earnings visibility for the core business is supported by a growing pipeline of new contract opportunities worth over $680m in annual revenue.
While rising oil prices represent a near-term risk, the broker expects most exposure to be manageable through pass-through mechanisms or surcharges.
Normalised earnings per share forecasts have been established at 36.2c for FY26 and 37.8c for FY27.
This report was published on April 8, 2026.
Target price is $4.70 Current Price is $4.00 Difference: $0.7
If KLS meets the Jarden target it will return approximately 18% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 16.70 cents and EPS of 36.20 cents.
At the last closing share price the estimated dividend yield is 4.18%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.05.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 17.50 cents and EPS of 37.80 cents.
At the last closing share price the estimated dividend yield is 4.38%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.58.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
LTR LIONTOWN LIMITED
New Battery Elements – Overnight Price: $1.96
Jarden rates ((LTR)) as Underweight (4) –
Jarden marks to market March quarter prices for copper, lithium and graphite. Near-term cost assumptions are also raised across its resources coverage to reflect higher diesel prices, impacting haulage, equipment, contractors and consumables.
Even if the Strait of Hormuz fully reopens, disruption since early March has already depleted reserves, the analysts caution. The Iran conflict has reshaped supply chains and, in the broker’s view, embedded lasting cost inflation across the mining sector.
Jarden has increased its medium-term (lithium) SC6 price forecasts across FY26-FY29. The broker also raises its long-term gold price to US$3,000/oz (real) and silver to US$40/oz (real), while maintaining its long-term copper price at US$5.00/lb (real).
The Underweight rating is retained for Liontown. The target rises to 65c from 62c.
This report was published on April 10, 2026.
Target price is $0.65 Current Price is $1.96 Difference: minus $1.305 (current price is over target).
If LTR meets the Jarden target it will return approximately minus 67% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $1.95, suggesting upside of 5.7%(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 minus 1.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 195.50.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 2.8, 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 65.7.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 6.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 32.58.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 18.8, implying annual growth of 571.4%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 9.8.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MIN MINERAL RESOURCES LIMITED
Iron Ore – Overnight Price: $57.98
Jarden rates ((MIN)) as Sell (5) –
Jarden previews the March quarter production report from Mineral Resources, increasing near-term cost assumptions to reflect disruptions to the fuel supply.
The broker notes the ceasefire between the US and Iran is fragile, conditional and temporary, and even when the Strait of Hormuz fully opens the disruption will have already drawn down reserves, repriced supply chains and embedded future cost inflation across the mining sector that may never unwind.
Mineral Resources is the most exposed name in Jarden’s coverage to diesel security and cost inflation. The assumed restart of Bald Hill is brought forward by two years given enduring strength in spodumene concentrate prices. Sell rating retained with target unchanged at $22.
This report was published on April 9, 2026.
Target price is $22.00 Current Price is $57.98 Difference: minus $35.98 (current price is over target).
If MIN meets the Jarden target it will return approximately minus 62% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $68.20, suggesting upside of 21.0%(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 274.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 21.16.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 366.2, 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 15.4.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 161.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 36.01.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 374.3, implying annual growth of 2.2%.
Current consensus DPS estimate is 102.2, implying a prospective dividend yield of 1.8%.
Current consensus EPS estimate suggests the PER is 15.1.
Market Sentiment: 0.9
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MTM METALLIUM LIMITED
Industrial Metals – Overnight Price: $0.64
Canaccord Genuity rates ((MTM)) as Speculative Buy (1) –
Canaccord Genuity maintains a Speculative Buy rating on Metallium with a $1.60 price target following the successful demonstration of gallium recovery from waste streams.
The company has achieved key technical milestones in the initial phase of a US government program, enabling access to additional grant funding and advancing toward potential long-term contracts.
The broker believes the update de-risks integration of its technology into the defense supply chain, supported by a significant increase in ex-China gallium prices.
No changes have been made to financial forecasts as the company remains in the development phase.
This report was published on April 9, 2026.
Target price is $1.60 Current Price is $0.64 Difference: $0.965
If MTM meets the Canaccord Genuity target it will return approximately 152% (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 and EPS of 0.00 cents.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.00 cents.
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: $23.16
Jarden rates ((NWL)) as Neutral (3) –
Jarden makes earnings downgrades across its wealth coverage and retains a Neutral rating for Netwealth Group with the target reduced to $25.35 from $26.85.
In the March quarter, equity markets fell broadly across both domestic and offshore markets. Domestically, the Middle East conflict and a hawkish Reserve Bank drove a sharp lift in interest-rate expectations and added to headwinds.
This report was published on April 9, 2026.
Target price is $25.35 Current Price is $23.16 Difference: $2.19
If NWL meets the Jarden target it will return approximately 9% (excluding dividends, fees and charges).
Current consensus price target is $28.64, suggesting upside of 26.4%(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 53.80 cents.
At the last closing share price the estimated dividend yield is 1.88%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 43.05.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 45.0, implying annual growth of -5.5%.
Current consensus DPS estimate is 43.4, implying a prospective dividend yield of 1.9%.
Current consensus EPS estimate suggests the PER is 50.4.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 46.50 cents and EPS of 57.20 cents.
At the last closing share price the estimated dividend yield is 2.01%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 40.49.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 61.9, implying annual growth of 37.6%.
Current consensus DPS estimate is 50.4, implying a prospective dividend yield of 2.2%.
Current consensus EPS estimate suggests the PER is 36.6.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
ORA ORORA LIMITED
Paper & Packaging – Overnight Price: $1.49
Jarden rates ((ORA)) as Downgrade to Neutral from Buy (3) –
Jarden downgrades its rating on Orora to Neutral from Buy and lowers the target price to $1.80 from $2.60 following a significant downgrade to earnings guidance.
The broker reset its earnings assumptions across the board, with core earnings per share forecasts cut by -14% for FY26 and -28% for FY27.
This shift reflects a trading update for the Saverglass business, which is facing direct and indirect impacts from conflict in the Middle East alongside softening demand.
An additional concern is noted regarding the pause in the on-market share buyback program, which previously underpinned the growth outlook.
The broker observes that visibility for Saverglass demand remains limited and expects no near-term acceleration in earnings dynamics.
This report was published on April 9, 2026.
Target price is $1.80 Current Price is $1.49 Difference: $0.315
If ORA meets the Jarden target it will return approximately 21% (excluding dividends, fees and charges).
Current consensus price target is $1.73, suggesting upside of 18.5%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 10.00 cents and EPS of 11.50 cents.
At the last closing share price the estimated dividend yield is 6.73%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.91.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 11.0, implying annual growth of 2.2%.
Current consensus DPS estimate is 9.3, implying a prospective dividend yield of 6.4%.
Current consensus EPS estimate suggests the PER is 13.3.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 10.00 cents and EPS of 11.90 cents.
At the last closing share price the estimated dividend yield is 6.73%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.48.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.2, implying annual growth of 10.9%.
Current consensus DPS estimate is 9.3, implying a prospective dividend yield of 6.4%.
Current consensus EPS estimate suggests the PER is 12.0.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
PLS PLS GROUP LIMITED
New Battery Elements – Overnight Price: $5.36
Jarden rates ((PLS)) as Neutral (3) –
Jarden marks to market March quarter prices for copper, lithium and graphite. Near-term cost assumptions are also raised across its resources coverage to reflect higher diesel prices, impacting haulage, equipment, contractors and consumables.
Even if the Strait of Hormuz fully reopens, disruption since early March has already depleted reserves, the analysts caution. The Iran conflict has reshaped supply chains and, in the broker’s view, embedded lasting cost inflation across the mining sector.
Jarden has increased its medium-term (lithium) SC6 price forecasts across FY26-FY29. The broker also raises its long-term gold price to US$3,000/oz (real) and silver to US$40/oz (real), while maintaining its long-term copper price at US$5.00/lb (real).
The Neutral rating and $2.50 target for PLS Group are retained.
This report was published on April 10, 2026.
Target price is $2.50 Current Price is $5.36 Difference: minus $2.86 (current price is over target).
If PLS meets the Jarden target it will return approximately minus 53% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $5.14, suggesting downside of -2.4%(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 15.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 35.73.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 15.2, implying annual growth of N/A.
Current consensus DPS estimate is 0.5, implying a prospective dividend yield of 0.1%.
Current consensus EPS estimate suggests the PER is 34.7.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 14.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 38.29.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 35.9, implying annual growth of 136.2%.
Current consensus DPS estimate is 1.3, implying a prospective dividend yield of 0.2%.
Current consensus EPS estimate suggests the PER is 14.7.
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
PLT PLENTI GROUP LIMITED
Business & Consumer Credit – Overnight Price: $0.81
Canaccord Genuity rates ((PLT)) as Buy (1) –
Canaccord Genuity maintains a Buy rating on Plenti Group with a $1.58 price target.
The broker observes a valuation dislocation that creates a compelling set-up, with the stock trading at a forward P/E of 6x, representing a -20% discount to the sector average.
Peer readthroughs suggest no current signs of credit stress or changes in consumer behaviour, while the company’s high average credit score of 849 positions it well against potential economic weakness, commentary suggests.
Upside potential is noted from a new product launch expected with the full-year results and a recovery in interest margins as funding costs stabilise.
Financial forecasts have been slightly adjusted to correct a prior minor formula error.
This report was published on April 8, 2026.
Target price is $1.58 Current Price is $0.81 Difference: $0.77
If PLT meets the Canaccord Genuity target it will return approximately 95% (excluding dividends, fees and charges).
The company’s fiscal year ends in March.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 13.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 6.00.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 14.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 5.47.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SFR SANDFIRE RESOURCES LIMITED
Copper – Overnight Price: $17.37
Canaccord Genuity rates ((SFR)) as Buy (1) –
Canaccord Genuity maintains a Buy rating on Sandfire Resources with a $21.00 price target following a weaker-than-expected March-quarter production update.
The broker notes production declined due to extreme rainfall and unplanned maintenance, resulting in a miss against expectations.
Full-year guidance is maintained, although management expects to land in the lower half of the range.
The broker observes net cash increased but was below expectations due to tax and acquisition-related payments, while capital expenditure guidance has been reduced.
No changes have been made to earnings forecasts in this update.
This report was published on April 9, 2026.
Target price is $21.00 Current Price is $17.37 Difference: $3.63
If SFR meets the Canaccord Genuity target it will return approximately 21% (excluding dividends, fees and charges).
Current consensus price target is $18.93, suggesting upside of 12.3%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.00 cents.
How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 101.4, implying annual growth of N/A.
Current consensus DPS estimate is 17.4, implying a prospective dividend yield of 1.0%.
Current consensus EPS estimate suggests the PER is 16.6.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.00 cents.
How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 155.5, implying annual growth of 53.4%.
Current consensus DPS estimate is 43.1, implying a prospective dividend yield of 2.6%.
Current consensus EPS estimate suggests the PER is 10.8.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((SFR)) as Underweight (4) –
Jarden marks to market March quarter prices for copper, lithium and graphite. Near-term cost assumptions are also raised across its resources coverage to reflect higher diesel prices, impacting haulage, equipment, contractors and consumables.
Even if the Strait of Hormuz fully reopens, disruption since early March has already depleted reserves, the analysts caution. The Iran conflict has reshaped supply chains and, in the broker’s view, embedded lasting cost inflation across the mining sector.
Jarden has increased its medium-term (lithium) SC6 price forecasts across FY26-FY29. The broker also raises its long-term gold price to US$3,000/oz (real) and silver to US$40/oz (real), while maintaining its long-term copper price at US$5.00/lb (real).
The Underweight rating and $15.00 target for Sandfire Resources are retained.
This report was published on April 10, 2026.
Target price is $15.00 Current Price is $17.37 Difference: minus $2.37 (current price is over target).
If SFR meets the Jarden target it will return approximately minus 14% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $18.93, suggesting upside of 12.3%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 15.06 cents and EPS of 106.91 cents.
At the last closing share price the estimated dividend yield is 0.87%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.25.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 101.4, implying annual growth of N/A.
Current consensus DPS estimate is 17.4, implying a prospective dividend yield of 1.0%.
Current consensus EPS estimate suggests the PER is 16.6.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 60.23 cents and EPS of 146.06 cents.
At the last closing share price the estimated dividend yield is 3.47%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.89.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 155.5, implying annual growth of 53.4%.
Current consensus DPS estimate is 43.1, implying a prospective dividend yield of 2.6%.
Current consensus EPS estimate suggests the PER is 10.8.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SPG SPC GLOBAL HOLDINGS LIMITED
Food, Beverages & Tobacco – Overnight Price: $0.35
Canaccord Genuity rates ((SPG)) as Buy (1) –
Canaccord Genuity maintains a Buy rating and a $0.80 target price for SPC Global following a third-quarter trading update that showed encouraging earnings momentum and tight working capital control.
The broker observes the company remains on track to achieve management’s fiscal year 2026 normalised earnings guidance of greater than $38m, representing over 25% growth.
Domestic channel expansion and margin enhancement are playing through, while international earnings lifted materially during the quarter due to new market expansion and planned promotional activity.
The broker also notes early indications of domestic pantry-filling activity, with sales of packaged foods increasing significantly in recent weeks.
No explicit changes to earnings per share or dividend forecasts were provided, though the broker expects ongoing synergy execution to nearly double earnings by fiscal year 2028.
This report was published on April 9, 2026.
Target price is $0.80 Current Price is $0.35 Difference: $0.445
If SPG meets the Canaccord Genuity target it will return approximately 125% (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 and EPS of 0.00 cents.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.00 cents.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
STN SATURN METALS LIMITED
Gold & Silver – Overnight Price: $0.58
Canaccord Genuity rates ((STN)) as Speculative Buy (1) –
Canaccord Genuity maintains a Speculative Buy rating on Saturn Metals with a $1.00 price target following high-grade results from extensional resource development drilling at the Apollo Hill Gold Project.
According to the broker, new shallow intercepts at the northern end of the project demonstrate significant upside potential for future resource growth.
The broker highlights a recent bonanza intercept of 1m at 277g/t gold as the highest-grade assay ever recorded at the site.
A 10,000m drill program is currently underway to follow up on these interpretations ahead of a resource upgrade anticipated in the June quarter of 2026.
No changes were made to financial forecasts in this update, as the company remains in the developer and explorer phase.
This report was published on April 8, 2026.
Target price is $1.00 Current Price is $0.58 Difference: $0.42
If STN meets the Canaccord Genuity target it will return approximately 72% (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 and EPS of 0.00 cents.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.00 cents.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SYR SYRAH RESOURCES LIMITED
New Battery Elements – Overnight Price: $0.12
Jarden rates ((SYR)) as Underweight (4) –
Jarden marks to market March quarter prices for copper, lithium and graphite. Near-term cost assumptions are also raised across its resources coverage to reflect higher diesel prices, impacting haulage, equipment, contractors and consumables.
Even if the Strait of Hormuz fully reopens, disruption since early March has already depleted reserves, the analysts caution. The Iran conflict has reshaped supply chains and, in the broker’s view, embedded lasting cost inflation across the mining sector.
Jarden has increased its medium-term (lithium) SC6 price forecasts across FY26-FY29. The broker also raises its long-term gold price to US$3,000/oz (real) and silver to US$40/oz (real), while maintaining its long-term copper price at US$5.00/lb (real).
The Underweight rating and 10c target are retained for Syrah Resources.
This report was published on April 10, 2026.
Target price is $0.10 Current Price is $0.12 Difference: minus $0.015 (current price is over target).
If SYR meets the Jarden target it will return approximately minus 13% (excluding dividends, fees and charges – negative figures indicate an expected loss).
The company’s fiscal year ends in December.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 4.52 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 2.55.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 3.01 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 3.82.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
TCL TRANSURBAN GROUP LIMITED
Infrastructure & Utilities – Overnight Price: $13.67
Jarden rates ((TCL)) as Neutral (3) –
Jarden maintains a Neutral rating on Transurban Group and lowers the target price to $12.90 from $13.50 following a mixed March quarter traffic update.
The broker observes that Australian traffic volumes were below expectations, particularly in Melbourne and Sydney, while North American volumes remained strong.
Significant uncertainty is noted regarding the final quarter’s traffic outlook due to higher fuel prices and potential diesel restrictions, although higher inflation-linked tolls could offset the revenue impact.
Operating EBITDA and free cash flow estimates for 2026 and 2027 have been revised down by up to -2.1% to reflect near-term traffic risks.
Financial forecasts for earnings per share have also been lowered across the forecast period.
This report was published on April 9, 2026.
Target price is $12.90 Current Price is $13.67 Difference: minus $0.77 (current price is over target).
If TCL 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 $14.36, suggesting upside of 5.5%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 69.00 cents and EPS of 15.90 cents.
At the last closing share price the estimated dividend yield is 5.05%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 85.97.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 32.7, implying annual growth of 664.0%.
Current consensus DPS estimate is 69.1, implying a prospective dividend yield of 5.1%.
Current consensus EPS estimate suggests the PER is 41.6.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 72.00 cents and EPS of 22.10 cents.
At the last closing share price the estimated dividend yield is 5.27%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 61.86.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 32.9, implying annual growth of 0.6%.
Current consensus DPS estimate is 73.0, implying a prospective dividend yield of 5.4%.
Current consensus EPS estimate suggests the PER is 41.4.
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
TLC LOTTERY CORPORATION LIMITED
Gaming – Overnight Price: $5.56
Jarden rates ((TLC)) as Overweight (2) –
Jarden maintains an Overweight rating on Lottery Corp with a target price of $5.60.
The broker notes that proposed gambling reforms may introduce an online keno ban, creating an estimated -$41m net revenue headwind for the company.
However, the broker views the company as a likely net beneficiary of the broader reform package.
If foreign-matched lotteries are restricted, players chasing outsized jackpots may substitute these with the company’s exclusive Powerball and Oz Lotto products.
Under a targeted substitution scenario, this could result in a 2% accretion to fiscal year 2028 earnings per share, translating to $59m in incremental revenue and $12m in earnings before interest, taxes, depreciation, and amortisation, the report explains.
This report was published on April 9, 2026.
Target price is $5.60 Current Price is $5.56 Difference: $0.04
If TLC meets the Jarden target it will return approximately 1% (excluding dividends, fees and charges).
Current consensus price target is $5.78, suggesting upside of 3.5%(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 0.00 cents.
How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 17.2, implying annual growth of 4.7%.
Current consensus DPS estimate is 17.4, implying a prospective dividend yield of 3.1%.
Current consensus EPS estimate suggests the PER is 32.4.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.00 cents.
How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 20.1, implying annual growth of 16.9%.
Current consensus DPS estimate is 20.3, implying a prospective dividend yield of 3.6%.
Current consensus EPS estimate suggests the PER is 27.8.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
TLX TELIX PHARMACEUTICALS LIMITED
Pharmaceuticals & Biotech/Lifesciences – Overnight Price: $14.64
Canaccord Genuity rates ((TLX)) as Buy (1) –
Canaccord Genuity maintains a Buy rating on Telix Pharmaceuticals and raises the price target to $30.00 from $28.50 following a strong first-quarter result.
The broker notes that the two-product strategy in prostate cancer imaging has driven market share gains and supports full-year revenue guidance.
The recent introduction of Gozellix is highlighted as a key driver of growth in average selling price and volume.
Management has maintained its full-year revenue guidance of US$950m to US$970m.
Financial forecasts for the 2026-28 period have been upgraded to reflect sustained market share gains and expected portfolio growth.
This report was published on April 8, 2026.
Target price is $30.00 Current Price is $14.64 Difference: $15.36
If TLX meets the Canaccord Genuity target it will return approximately 105% (excluding dividends, fees and charges).
Current consensus price target is $25.84, suggesting upside of 69.7%(ex-dividends)
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 0.87 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 1676.98.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -3.5, 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:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 2.61 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 562.00.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 31.3, 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 48.7.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
TOR TORQUE METALS LIMITED
Gold & Silver – Overnight Price: $0.51
Canaccord Genuity rates ((TOR)) as Speculative Buy (1) –
Canaccord Genuity maintains a Speculative Buy rating on Torque Metals with a $0.55 price target.
Recent in-fill and extensional drilling at the Paris deposit confirmed high-grade mineralisation and extended the multi-lode system up to 500m beyond the current resource boundary.
The broker notes that deeper intercepts represent some of the deepest mineralisation encountered to date, demonstrating significant scale potential.
An updated Mineral Resource Estimate is expected later this quarter, which is anticipated to provide a material increase in both scale and confidence.
Overall, the broker believes the project area could define more than 1.6m ounces of gold over time.
This report was published on April 8, 2026.
Target price is $0.55 Current Price is $0.51 Difference: $0.04
If TOR meets the Canaccord Genuity target it will return approximately 8% (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 and EPS of 0.00 cents.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.00 cents.
Market Sentiment: 1.0
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: $3.35
Canaccord Genuity rates ((WAF)) as Speculative Buy (1) –
Canaccord Genuity maintains a Speculative Buy rating and a $6.70 target price for West African Resources following the release of the March quarter production figures.
The broker notes the combined production of 108,000 ounces from the Sanbrado and Kiaka mines fell -6% short of its estimates, primarily due to lower milled tonnes and grades at Sanbrado.
Despite achieving a higher realised gold price, revenue was -7% lower than the broker anticipated due to the timing of shipments.
The broker observes the company is still tracking within its 2026 calendar year production guidance, with mined tonnes and grades at the Kiaka operation increasing in line with expectations.
Forecast operating costs for the year have been increased to account for higher royalty payments linked to updated gold price assumptions, leading to minor upward revisions in earnings estimates.
This report was published on April 9, 2026.
Target price is $6.70 Current Price is $3.35 Difference: $3.35
If WAF meets the Canaccord Genuity target it will return approximately 100% (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 0.00 cents.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.00 cents.
Market Sentiment: 1.0
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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