Daily Market Reports | Apr 20 2026
This story features 29METALS LIMITED, and other companies.
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COMPANIES DISCUSSED IN THIS ISSUE
Click on a symbol for fast access.
The number next to the symbol represents the number of brokers covering it for this report -(if more than 1)
29M (2) A1M (2) AMP AON ARB ASK AT4 BOE (2) BTL CNU CY5 DUR DVP EVN (2) FBU HGO HLO KCN KYP (2) NIC NWL (2) OBM (2) RCL RML SDR SNZ SOM TGN TLX TPG VGN VKA WC8
29M 29METALS LIMITED
Copper – Overnight Price: $0.23
Canaccord Genuity rates ((29M)) as Sell (5) –
The broker maintains a Sell rating and lowers the target price to $0.25 after delayed access to the Xantho Extended orebody was pushed back to the final quarter of 2026.
Remediation works on the decline were expected to finish by April 2026, but an updated understanding of the stress regime required additional access in lower mining zones.
These developments caused a downgrade in production guidance for zinc, gold and silver for the current calendar year.
Stress is expected to emerge on the business in 2028 when debt payments fall due, with the company forecast to finish the current year with net debt of $138m.
The analysts remain cautious as the mine plan still faces risks from production or cost shocks.
This report was published on April 17, 2026.
Target price is $0.25 Current Price is $0.23 Difference: $0.02
If 29M meets the Canaccord Genuity target it will return approximately 9% (excluding dividends, fees and charges).
Current consensus price target is $0.42, suggesting upside of 90.9%(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 4.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 4.79.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 0.4, implying annual growth of -75.5%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 55.0.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 2.90 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.93.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 0.6, implying annual growth of 50.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 36.7.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((29M)) as Underweight (4) –
Jarden maintains its Underweight rating and reduces the target price to $0.32 from $0.38 following news of further delays at the high-grade Xantho Extended orebody.
Access to this critical feed is now deferred until the final quarter of 2026, forcing material downgrades to by-product guidance for zinc, gold and silver.
The broker expects the company to consume -$262m in cash during 2026, effectively exhausting proceeds from its recent January entitlement offer.
The analysts forecast negative EBITDA of -$7m for the current year and anticipate a need for fresh equity to maintain liquidity.
Commentary concludes a high probability of further equity dilution remains, although the current valuation does not yet reflect such an outcome.
This report was published on April 16, 2026.
Target price is $0.32 Current Price is $0.23 Difference: $0.09
If 29M meets the Jarden target it will return approximately 39% (excluding dividends, fees and charges).
Current consensus price target is $0.42, suggesting upside of 90.9%(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 1.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.78.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 0.4, implying annual growth of -75.5%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 55.0.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 2.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.52.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 0.6, implying annual growth of 50.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 36.7.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
A1M AIC MINES LIMITED
Gold & Silver – Overnight Price: $0.61
Moelis rates ((A1M)) as Buy (1) –
Moelis maintains its Buy rating and $0.75 price target for AIC Mines following the March quarter production report.
Mined grades jumped as activity shifted to higher-grade stopes in the Deeps and Lens 6 orebodies, helping the company track toward the top end of FY26 guidance.
Higher copper grade anticipated in the June quarter and marginally elevated mining unit rates for diesel costs led to upgraded earnings forecasts for the coming financial year.
Commissioning of the 1.1Mtpa Eloise plant expansion remains on schedule for the Dec-26 quarter.
The meaningful copper concentrate stockpile worth approximately $8.3m built up during the period is expected to clear next quarter, leading the broker to conclude this is setting up the company for strong sales and cash flow.
This report was published on April 16, 2026.
Target price is $0.75 Current Price is $0.61 Difference: $0.135
If A1M meets the Moelis target it will return approximately 22% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of 6.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.04.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 8.60 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.15.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Shaw and Partners rates ((A1M)) as Buy (1) –
The broker maintains a Buy rating and $1.10 price target for AIC Mines after a strong March quarter production report.
Despite the wettest wet season on record at the Eloise site, the company delivered 3,432t of copper and 1,692oz of gold, marking its eleventh consecutive quarter of meeting guidance.
Operational costs remained well below expectations with an AISC of $4.18/lb, primarily driven by higher grades and solid recoveries.
Construction of the expanded processing plant is 60% complete, while development at the Jericho site is four months ahead of schedule.
The company finished the period with $31.1m in cash, though the analysts noted emerging cost risks from significantly higher diesel prices in April and May
This report was published on April 17, 2026.
Target price is $1.10 Current Price is $0.61 Difference: $0.485
If A1M meets the Shaw and Partners target it will return approximately 79% (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 8.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.24.
Forecast for FY27:
Shaw and Partners 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 3.60.
Market Sentiment: 1.0
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: $1.43
Jarden rates ((AMP)) as Overweight (2) –
The broker maintains an Overweight rating and increases the target price to $1.65 following solid first-quarter platform flows and revised fee structures.
North platform net flows reached $1.1bn, marking a sixth consecutive quarter of positive momentum despite market headwinds.
Revisions to cash margin pricing are expected to deliver a 30bps net uplift, helping to support revenue margins for the wealth management division.
Jarden analysts suggest a total bank sale or loan book divestment remains a more attractive strategic option than current plans to achieve competitive returns.
Management reaffirmed FY26 revenue margin guidance while bank loan growth remained subdued during the period.
This report was published on April 16, 2026.
Target price is $1.65 Current Price is $1.43 Difference: $0.225
If AMP meets the Jarden target it will return approximately 16% (excluding dividends, fees and charges).
Current consensus price target is $1.79, suggesting upside of 24.2%(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 2.81%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.61.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 11.7, implying annual growth of 122.4%.
Current consensus DPS estimate is 4.0, implying a prospective dividend yield of 2.8%.
Current consensus EPS estimate suggests the PER is 12.3.
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 2.81%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.39.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.8, implying annual growth of 9.4%.
Current consensus DPS estimate is 4.0, implying a prospective dividend yield of 2.8%.
Current consensus EPS estimate suggests the PER is 11.3.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
AON APOLLO MINERALS LIMITED
Tungsten – Overnight Price: $0.07
Canaccord Genuity rates ((AON)) as No Rating (-1) –
Canaccord Genuity has published a sector update on emerging tungsten companies, identifying structural deficits supported by strong price action.
The broker observes Rotterdam pricing for tungsten is up 350% year-to-date, driven by Chinese export controls and increasing demand from aerospace and defense applications.
Chinese market dominance of approximately 80% has seen tungsten classified as a critical mineral across the US, EU, and Japan.
Apollo Minerals is focused on restarting the Couflens tungsten-gold project in Southern France.
The broker notes this site was historically one of the highest-grade tungsten mines in the world.
No rating or price target is provided as this stock is not actively covered by the broker.
This report was published on April 16, 2026.
Current Price is $0.07. Target price not assessed.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
ARB ARB CORPORATION LIMITED
Automobiles & Components – Overnight Price: $20.69
Jarden rates ((ARB)) as Initiation of coverage with Neutral (3) –
Jarden initiates coverage on ARB Corp with a Neutral rating and $20.70 target price.
The broker observes that while the company represents a high-quality, vertically integrated business, the near-term outlook remains challenging due to weak domestic consumer confidence and surging diesel prices.
Revenue growth in the US has been a bright spot, yet sustaining this momentum may be difficult given significant foreign exchange headwinds and tougher comparisons in the second half of FY26.
Domestically, underlying vehicle volumes have slowed further in the third quarter of 2026, presenting downside risk to consensus expectations, the broker argues.
The current valuation appears to already price in a consensus earnings cut of more than -10%, on the broker’s assessment.
This report was published on April 15, 2026.
Target price is $20.70 Current Price is $20.69 Difference: $0.01
If ARB meets the Jarden target it will return approximately 0% (excluding dividends, fees and charges).
Current consensus price target is $28.06, suggesting upside of 40.4%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 67.60 cents and EPS of 102.80 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 20.13.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 106.4, implying annual growth of -9.6%.
Current consensus DPS estimate is 70.8, implying a prospective dividend yield of 3.5%.
Current consensus EPS estimate suggests the PER is 18.8.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 65.30 cents and EPS of 108.80 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 19.02.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 119.3, implying annual growth of 12.1%.
Current consensus DPS estimate is 72.5, implying a prospective dividend yield of 3.6%.
Current consensus EPS estimate suggests the PER is 16.8.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
ASK ABACUS STORAGE KING
REITs – Overnight Price: $1.41
Shaw and Partners rates ((ASK)) as Upgrade to Buy from Hold (1) –
The broker upgrades Abacus Storage King to Buy from Hold with a $1.65 target price following recent share price weakness.
The analysts examine the growth outlook ahead of the potential transfer of management to Abacus Storage King from Abacus Group, which could lead to a divestment of the latter’s 19.7% stake in the storage REIT.
Following the expected takeover of National Storage REIT ((NSR)) in May, commentary highlights the REIT will offer the only pure-play listed exposure to the Australian self-storage sector.
Internal portfolio mapping indicates an incremental $40-45m in EBITDA growth through FY32, representing a 35% increase.
The stock trades at a -22% discount to FY27 NTA, significantly wider than the -15% discount for the broader A-REIT index, on the broker’s assessment.
This report was published on April 17, 2026.
Target price is $1.65 Current Price is $1.41 Difference: $0.24
If ASK meets the Shaw and Partners target it will return approximately 17% (excluding dividends, fees and charges).
Current consensus price target is $1.55, suggesting upside of 8.4%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 6.20 cents and EPS of 6.20 cents.
At the last closing share price the estimated dividend yield is 4.40%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 22.74.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 6.8, implying annual growth of -69.1%.
Current consensus DPS estimate is 6.2, implying a prospective dividend yield of 4.3%.
Current consensus EPS estimate suggests the PER is 21.0.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 6.40 cents and EPS of 6.50 cents.
At the last closing share price the estimated dividend yield is 4.54%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 21.69.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 7.1, implying annual growth of 4.4%.
Current consensus DPS estimate is 6.3, implying a prospective dividend yield of 4.4%.
Current consensus EPS estimate suggests the PER is 20.1.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
AT4 AMERICAN TUNGSTEN & ANTIMONY LIMITED
Tungsten – Overnight Price: $0.08
Canaccord Genuity rates ((AT4)) as No Rating (-1) –
Canaccord Genuity has published a sector update on emerging tungsten companies, identifying structural deficits supported by strong price action.
The broker observes Rotterdam pricing for tungsten is up 350% year-to-date, driven by Chinese export controls and increasing demand from aerospace and defense applications.
Chinese market dominance of approximately 80% has seen tungsten classified as a critical mineral across the US, EU, and Japan.
American Tungsten & Antimony represents a potentially near-term tungsten producer via its historically mined Dutch Mountain project and processing facility in Utah.
The company is also progressing the well-advanced, high-grade antimony Canyon project.
No rating or price target is provided as this stock is not actively covered by the broker.
This report was published on April 15, 2026.
Current Price is $0.08. Target price not assessed.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
BOE BOSS ENERGY LIMITED
Uranium – Overnight Price: $1.71
Canaccord Genuity rates ((BOE)) as Speculative Buy (1) –
Following a model update, Canaccord Genuity maintains a Speculative Buy rating on Boss Energy with a lowered price target of $2.45.
The broker has applied an FY26 production downgrade to reflect a slower ramp-up schedule (as indicated in company management’s latest production guidance downgrade).
Commentary observes operational milestones continue to de-risk the Honeymoon project as it moves toward nameplate capacity.
This report was published on April 15, 2026.
Target price is $2.45 Current Price is $1.71 Difference: $0.74
If BOE meets the Canaccord Genuity target it will return approximately 43% (excluding dividends, fees and charges).
Current consensus price target is $1.62, suggesting downside of -3.8%(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.
How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 7.1, 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 23.7.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents.
How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 19.9, implying annual growth of 180.3%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 8.4.
Market Sentiment: 0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Shaw and Partners rates ((BOE)) as Buy (1) –
Shaw and Partners maintains its Buy rating on Boss Energy but has reduced the price target to $2.96 from $3.15 following a production downgrade for FY26.
The broker observes the company lowered FY26 guidance to 1.4-1.45Mlb from 1.6Mlb, primarily due to higher-than-expected impacts from heavy rainfall.
While this represents a disappointing operational setback, Shaw counters modelling suggests the uranium market remains in a structural deficit likely to drive prices significantly higher in coming years.
Management is currently awaiting results from resource delineation drilling and a revised feasibility study incorporating wider space injection and extraction wells.
The report posits investors are largely staying on the sidelines until these technical results provide more operational clarity later in 2026.
This report was published on April 16, 2026.
Target price is $2.96 Current Price is $1.71 Difference: $1.25
If BOE meets the Shaw and Partners target it will return approximately 73% (excluding dividends, fees and charges).
Current consensus price target is $1.62, suggesting downside of -3.8%(ex-dividends)
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 19.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.95.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 7.1, 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 23.7.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of 68.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 2.51.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 19.9, implying annual growth of 180.3%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 8.4.
Market Sentiment: 0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
BTL BEETALOO ENERGY AUSTRALIA LIMITED
Energy – Overnight Price: $0.32
Research as a Service (RaaS) rates ((BTL)) as No Rating (-1) –
Beetaloo Energy Australia has secured $66m in equity financing with an additional tranche of up to $5.4m subject to shareholder approvals.
Research as a Service (RaaS) notes this was not wholly unexpected given the refreshed interest in the gas play after the recent Inpex-Formentera Partners farm-in transaction and increasing recognition of the Beetaloo sub-basin as an LNG-scale opportunity.
The broker suggests the company should be considered a fully-funded operation to first gas, with additional capital capacity to commence works and more drilling and seismic exploration to evaluate the western tenements.
RaaS’ valuation is increased and the midpoint is now $0.94.
Research as a Service (RaaS) research doesn’t carry any targets, ratings or recommendations. Investors can draw conclusions from valuations and commentary.
This report was published on April 14, 2026.
Target price is $0.94 Current Price is $0.32 Difference: $0.625
If BTL meets the Research as a Service (RaaS) target it will return approximately 198% (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
CNU CHORUS LIMITED
Telecommunication – Overnight Price: $8.01
Jarden rates ((CNU)) as Underweight (4) –
Jarden maintains an Underweight rating and NZ$8.43 target price for Chorus following a 3Q26 quarterly connections update.
Total connections turned positive for the first time in 13 years as fibre growth outpaced copper declines.
The company brought forward its planned copper network closure to December 2028. While fibre penetration reached 76.2% in Auckland, the broker highlights work remains required to meet the FY30 target.
The report highlights a potential slowdown in new build activity, with quarterly fibre premises passed falling below recent averages.
This report was published on April 15, 2026.
Target price is $7.45 Current Price is $8.01 Difference: minus $0.55773691655 (current price is over target).
If CNU meets the Jarden target it will return approximately minus 7% (excluding dividends, fees and charges – negative figures indicate an expected loss).
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 52.97 cents and EPS of 11.65 cents.
At the last closing share price the estimated dividend yield is 6.61%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 68.73.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 54.30 cents and EPS of 15.36 cents.
At the last closing share price the estimated dividend yield is 6.78%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 52.14.
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CY5 CYGNUS METALS LIMITED
Gold & Silver – Overnight Price: $0.13
Canaccord Genuity rates ((CY5)) as Speculative Buy (1) –
Canaccord Genuity maintains a Speculative Buy rating and $0.35 price target for Cygnus Metals after strong infill drilling results from the Golden Eye deposit.
Commentary notes drilling confirms high-grade gold-copper zones and reinforces the polymetallic nature of the system.
Mineralisation demonstrates continuity at approximately 50m spacing, supporting confidence in the existing geological model.
Results feed into an updated Mineral Resource Estimate to support growth and classification upgrades.
No updates have been made to earnings forecasts, as the company remains an explorer without active production revenue.
This report was published on April 17, 2026.
Target price is $0.35 Current Price is $0.13 Difference: $0.22
If CY5 meets the Canaccord Genuity target it will return approximately 169% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
DUR DURATEC LIMITED
Industrial Sector Contractors & Engineers – Overnight Price: $2.91
Shaw and Partners rates ((DUR)) as Buy (1) –
Shaw and Partners maintains a Buy rating and $3.10 price target for Duratec following its 50:50 joint venture being awarded a $281m contract at HMAS Stirling.
The broker observes the win reinforces the company’s ability to grow market share in high-growth sectors such as defence and energy.
Earnings per share forecasts were increased by 4.3% for FY27 and 4.6% for FY28 to reflect the contract award.
Management confirms defence sector growth is expected to accelerate through FY27 and FY28.
The company is well-positioned to benefit from significant committed defence infrastructure investment cycles.
This report was published on April 16, 2026.
Target price is $3.10 Current Price is $2.91 Difference: $0.19
If DUR meets the Shaw and Partners target it will return approximately 7% (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 4.30 cents and EPS of 10.20 cents.
At the last closing share price the estimated dividend yield is 1.48%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 28.53.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 5.20 cents and EPS of 11.60 cents.
At the last closing share price the estimated dividend yield is 1.79%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 25.09.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
DVP DEVELOP GLOBAL LIMITED
Industrial Metals – Overnight Price: $5.56
Canaccord Genuity rates ((DVP)) as Speculative Buy (1) –
Canaccord Genuity notes the closure of the Strait of Hormuz has several potential flow-on effects for base metals pricing.
Around 10% of global aluminium supply is linked to flows through Hormuz, while roughly 45% of global sulphur supply originates from the Middle East, with about a quarter transiting the strait, the analysts explain.
Against this backdrop, the broker has made modest adjustments to its commodity price forecasts, lifting short-term nickel and short- to mid-term tin price forecasts.
Canaccord’s Develop Global price target increases to $6.00 from $5.70, reflecting revised Woodlawn (zinc and copper) ramp-up assumptions and higher commodity pricing. Speculative Buy rating maintained.
This report was published on April 14, 2026.
Target price is $6.00 Current Price is $5.56 Difference: $0.44
If DVP 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.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend 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
EVN EVOLUTION MINING LIMITED
Gold & Silver – Overnight Price: $13.58
Canaccord Genuity rates ((EVN)) as Upgrade to Buy from Hold (1) –
Following the MarQ’26 report, the broker maintains a Buy rating on Evolution Mining with a raised price target of $15.75.
Management expects production to remain on track for the remainder of 2026, supported by high-grade material at Cowal and Red Lake.
Commentary points out cost control measures are successfully offsetting broader inflationary pressures in the sector.
In a follow-up report, two days later, the broker maintained its Buy rating and $15.75 target price.
Financial forecasts have been updated to account for the stronger production outlook and current spot prices.
This report was published on April 15, 2026.
Target price is $15.75 Current Price is $13.58 Difference: $2.17
If EVN meets the Canaccord Genuity target it will return approximately 16% (excluding dividends, fees and charges).
Current consensus price target is $14.63, suggesting upside of 7.9%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 20.00 cents and EPS of 79.00 cents.
At the last closing share price the estimated dividend yield is 1.47%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.19.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 88.7, implying annual growth of 90.8%.
Current consensus DPS estimate is 46.3, implying a prospective dividend yield of 3.4%.
Current consensus EPS estimate suggests the PER is 15.3.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 20.00 cents and EPS of 105.90 cents.
At the last closing share price the estimated dividend yield is 1.47%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.82.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 109.7, implying annual growth of 23.7%.
Current consensus DPS estimate is 48.8, implying a prospective dividend yield of 3.6%.
Current consensus EPS estimate suggests the PER is 12.4.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((EVN)) as Underweight (4) –
Jarden maintains an Underweight rating and $8.60 target price for Evolution Mining following a mixed quarterly report.
Gold production of 170koz met expectations, but copper output of 11kt missed consensus by more than -20%.
The broker observes the company retained FY26 production guidance despite weather-related disruptions at the Ernest Henry mine.
Management continues to monitor potential fuel supply-chain impacts, though diesel currently represents only 2% of total costs, the report highlights.
The broker posits valuation appears stretched because the current share price factors in a long-term gold price significantly above the inhouse $3,000/oz forecast.
This report was published on April 15, 2026.
Target price is $8.60 Current Price is $13.58 Difference: minus $4.98 (current price is over target).
If EVN meets the Jarden target it will return approximately minus 37% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $14.63, suggesting upside of 7.9%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 42.00 cents and EPS of 81.00 cents.
At the last closing share price the estimated dividend yield is 3.09%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.77.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 88.7, implying annual growth of 90.8%.
Current consensus DPS estimate is 46.3, implying a prospective dividend yield of 3.4%.
Current consensus EPS estimate suggests the PER is 15.3.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 33.00 cents and EPS of 65.80 cents.
At the last closing share price the estimated dividend yield is 2.43%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.64.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 109.7, implying annual growth of 23.7%.
Current consensus DPS estimate is 48.8, implying a prospective dividend yield of 3.6%.
Current consensus EPS estimate suggests the PER is 12.4.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
FBU FLETCHER BUILDING LIMITED
Building Products & Services – Overnight Price: $2.36
Jarden rates ((FBU)) as Buy (1) –
Jarden maintains a Buy rating and NZ$4.16 target price following the release of 3QFY26 volumes showing early signs of stabilisation.
Trading conditions remain highly competitive with ongoing margin pressure across most divisions, particularly in Distribution, Concrete, and Steel.
Commentary posits the recovery appears uneven and primarily supported by alterations and additions project activity, as demand for new-builds remains weak.
The observation is made that company management is cautious regarding the final quarter due to rising fuel and input costs expected to weigh on margins.
Jarden analysts continue to expect a meaningful recovery in construction activity is unlikely before 2027.
This report was published on April 16, 2026.
Target price is $3.67 Current Price is $2.36 Difference: $1.31458705061
If FBU meets the Jarden target it will return approximately 56% (excluding dividends, fees and charges).
Current consensus price target is $2.76, suggesting upside of 16.0%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 3.53 cents and EPS of 10.06 cents.
At the last closing share price the estimated dividend yield is 1.50%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 23.45.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 11.6, 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 20.5.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 3.53 cents and EPS of 10.15 cents.
At the last closing share price the estimated dividend yield is 1.50%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 23.24.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 15.4, implying annual growth of 32.8%.
Current consensus DPS estimate is 1.1, implying a prospective dividend yield of 0.5%.
Current consensus EPS estimate suggests the PER is 15.5.
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: -0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
HGO HILLGROVE RESOURCES LIMITED
Copper – Overnight Price: $0.04
Canaccord Genuity rates ((HGO)) as Speculative Buy (1) –
Canaccord Genuity notes the closure of the Strait of Hormuz has several potential flow-on effects for base metals pricing.
Around 10% of global aluminium supply is linked to flows through Hormuz, while roughly 45% of global sulphur supply originates from the Middle East, with about a quarter transiting the strait, the analysts explain.
Against this backdrop, the broker has made modest adjustments to its commodity price forecasts, lifting short-term nickel and short- to mid-term tin price forecasts.
Speculative Buy rating maintained for copper producer Hillgrove Resources. The broker’s target falls to 5c from 6c following updates to the grade profile. The earnings multiple is also raised to 4x from 3.5x to reflect additional resources.
This report was published on April 13, 2026.
Target price is $0.05 Current Price is $0.04 Difference: $0.009
If HGO 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
HLO HELLOWORLD TRAVEL LIMITED
Travel, Leisure & Tourism – Overnight Price: $1.53
Shaw and Partners rates ((HLO)) as Buy (1) –
Shaw and Partners maintains its Buy rating and $2.80 price target on Helloworld Travel.
The broker observes Australian Bureau of Statistics data for February 2026 bode well for the company, with departures up 8.5% financial year-to-date.
Preliminary figures for March 2026 appear solid, showing departures for the month up 13.2% versus the prior corresponding period.
No changes have been made to earnings forecasts in this report.
The report states the company looks toward an improving long-term growth trend resulting from an ageing population willing to travel more freely.
This report was published on April 16, 2026.
Target price is $2.80 Current Price is $1.53 Difference: $1.265
If HLO meets the Shaw and Partners target it will return approximately 82% (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 7.17%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 6.91.
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 7.82%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 6.62.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
KCN KINGSGATE CONSOLIDATED LIMITED
Gold & Silver – Overnight Price: $5.59
Moelis rates ((KCN)) as Buy (1) –
Kingsgate Consolidated delivered 21,000 ozs gold and 183,000 ozs silver in the March quarter, slightly missing estimates, although Moelis notes this is the fifth consecutive quarter of over 20,000 ounces of gold which highlights the consistency of the Chatree operation.
Guidance has been reaffirmed, with only 19,000 ounces of gold required to meet the lower end of the range. The broker asserts the share price has been relatively weak but the underperformance is unwarranted based on the fundamentals of the business.
There is also further scope for improved financial outcomes, largely from higher trending grades at Chatree and significant silver exposure. Buy rating reiterated. Target is $6.95.
This report was published on April 13, 2026.
Target price is $6.95 Current Price is $5.59 Difference: $1.36
If KCN meets the Moelis target it will return approximately 24% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 10.00 cents and EPS of 85.15 cents.
At the last closing share price the estimated dividend yield is 1.79%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 6.56.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 129.84 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 4.31.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
KYP KINATICO LIMITED
Software & Services – Overnight Price: $0.15
Canaccord Genuity rates ((KYP)) as Buy (1) –
Canaccord Genuity maintains a Buy rating and $0.50 price target for Kinatico following a 3Q26 trading update characterised by accelerating SaaS revenue growth.
SaaS revenue reached $5.2m during the quarter, representing an annual run-rate exceeding $20m.
Transactional revenue fell -8% as a hiring downturn and uncertain macro environment weighed on enterprise demand.
Canaccord Genuity believes sound fundamentals are not reflected in current market value despite AI disruption fears, adding rising regulation in 2026 should provide significant tailwinds for company compliance software products.
This report was published on April 16, 2026.
Target price is $0.50 Current Price is $0.15 Difference: $0.35
If KYP meets the Canaccord Genuity target it will return approximately 233% (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.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15000.00.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Shaw and Partners rates ((KYP)) as Buy (1) –
The broker re-iterates its Buy rating but reduces the target price to $0.38 following Kinatico’s third-quarter update.
Annual Recurring Revenue (ARR) growth slowed to 29% because of timing rather than demand, while transactional revenue fell faster on a softer macro environment.
Management maintains confidence in the potential for ARR to accelerate in early FY27 as a growing pipeline of enterprise deals progresses through longer sales cycles.
Cost control was a highlight for the period, with EBITDA growing 30% and margins remaining robust.
The current share price is seen as representing deep value if growth can accelerate as expected.
This report was published on April 17, 2026.
Target price is $0.38 Current Price is $0.15 Difference: $0.23
If KYP meets the Shaw and Partners target it will return approximately 153% (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 0.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 30.00.
Forecast for FY27:
Shaw and Partners 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 13.64.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
NIC NICKEL INDUSTRIES LIMITED
Nickel – Overnight Price: $0.99
Canaccord Genuity rates ((NIC)) as Buy (1) –
Canaccord Genuity notes the closure of the Strait of Hormuz has several potential flow-on effects for base metals pricing.
Around 10% of global aluminium supply is linked to flows through Hormuz, while roughly 45% of global sulphur supply originates from the Middle East, with about a quarter transiting the strait, the analysts explain.
Against this backdrop, the broker has made modest adjustments to its price deck, lifting short-term nickel and short- to mid-term tin price forecasts.
Canaccord increases its target for Nickel Industries to $1.15 from $1.10, reflecting higher nickel production and improved RKEF assumptions, partially offset by increased HPAL costs due to higher acid prices. Buy rating retained.
This report was published on April 13, 2026.
Target price is $1.15 Current Price is $0.99 Difference: $0.16
If NIC meets the Canaccord Genuity target it will return approximately 16% (excluding dividends, fees and charges).
Current consensus price target is $1.33, suggesting upside of 36.6%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 3.00 cents.
At the last closing share price the estimated dividend yield is 3.03%.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 7.6, implying annual growth of N/A.
Current consensus DPS estimate is 4.0, implying a prospective dividend yield of 4.1%.
Current consensus EPS estimate suggests the PER is 12.8.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 3.00 cents.
At the last closing share price the estimated dividend yield is 3.03%.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 25.5, implying annual growth of 235.5%.
Current consensus DPS estimate is 5.6, implying a prospective dividend yield of 5.8%.
Current consensus EPS estimate suggests the PER is 3.8.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.8
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: $25.42
Canaccord Genuity rates ((NWL)) as Buy (1) –
Canaccord Genuity maintains a Buy rating and reduces its price target to $28.35 following record 3Q custodial inflows of $3.9bn.
The broker observes business momentum remains strong despite near-term market uncertainty impacting average account balances.
Operational metrics show 41 new financial intermediaries joined the platform, indicating negligible reputational damage from exposure to the First Guardian scandal.
Forecasts for net profit after tax are revised downwards by -0.7% for FY26 and -1.3% for FY27 due to an estimated lower market impact.
The company expects to maintain software capital expenditure of approximately -$12m while targeting an underlying earnings margin of 49% for FY26.
This report was published on April 16, 2026.
Target price is $28.35 Current Price is $25.42 Difference: $2.93
If NWL meets the Canaccord Genuity target it will return approximately 12% (excluding dividends, fees and charges).
Current consensus price target is $28.70, suggesting upside of 12.8%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 43.00 cents and EPS of 55.00 cents.
At the last closing share price the estimated dividend yield is 1.69%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 46.22.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 50.1, implying annual growth of 5.2%.
Current consensus DPS estimate is 43.5, implying a prospective dividend yield of 1.7%.
Current consensus EPS estimate suggests the PER is 50.8.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 47.00 cents and EPS of 60.00 cents.
At the last closing share price the estimated dividend yield is 1.85%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 42.37.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 61.5, implying annual growth of 22.8%.
Current consensus DPS estimate is 49.9, implying a prospective dividend yield of 2.0%.
Current consensus EPS estimate suggests the PER is 41.4.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((NWL)) as Neutral (3) –
Jarden maintains a Neutral rating and increases the target price to $25.70 after Netwealth Group delivered solid March quarter net flows of $4.0bn.
While results fell slightly below expectations, the flow trajectory improved through the period despite a seasonally weak quarter and difficult market backdrop.
Jarden remains cautious regarding the risk of higher cost growth stemming from an enforceable undertaking and increased regulatory scrutiny.
Commentary highlights managed accounts and non-custodial growth continue to represent bright spots, supporting longer-term platform diversification.
Earnings estimates for FY26 to FY28 are modestly upgraded to reflect the seasonal step-up expected in the final quarter.
This report was published on April 16, 2026.
Target price is $25.70 Current Price is $25.42 Difference: $0.28
If NWL meets the Jarden target it will return approximately 1% (excluding dividends, fees and charges).
Current consensus price target is $28.70, suggesting upside of 12.8%(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 53.80 cents.
At the last closing share price the estimated dividend yield is 1.71%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 47.25.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 50.1, implying annual growth of 5.2%.
Current consensus DPS estimate is 43.5, implying a prospective dividend yield of 1.7%.
Current consensus EPS estimate suggests the PER is 50.8.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 47.20 cents and EPS of 58.00 cents.
At the last closing share price the estimated dividend yield is 1.86%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 43.83.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 61.5, implying annual growth of 22.8%.
Current consensus DPS estimate is 49.9, implying a prospective dividend yield of 2.0%.
Current consensus EPS estimate suggests the PER is 41.4.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
OBM ORA BANDA MINING LIMITED
Gold & Silver – Overnight Price: $1.49
Canaccord Genuity rates ((OBM)) as Buy (1) –
The broker maintains its Buy rating and $1.75 price target for Ora Banda Mining following the release of March quarter’s production report.
Group production rose 21% to 39koz, aligning with forecasts despite elevated costs from third-party milling campaigns, commentary highlights.
The company remains debt-free with $232m in cash and has finalised a binding Ore Sale Agreement to support production through the end of FY26.
Management maintained its full-year guidance of 140-155koz and is progressing the design of a new 3Mtpa processing plant.
Forecasts for FY26 EBITDA decreased by -2% to $420.4m following minor model revisions to account for the quarterly update.
This report was published on April 16, 2026.
Target price is $1.75 Current Price is $1.49 Difference: $0.26
If OBM meets the Canaccord Genuity target it will return approximately 17% (excluding dividends, fees and charges).
Current consensus price target is $1.90, suggesting upside of 23.4%(ex-dividends)
Forecast for FY26:
Current consensus EPS estimate is 12.5, implying annual growth of 22.5%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 12.3.
Forecast for FY27:
Current consensus EPS estimate is 16.2, implying annual growth of 29.6%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 9.5.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Moelis rates ((OBM)) as Buy (1) –
Moelis maintains its Buy rating for Ora Banda Mining and increases the target price to $1.71 following a third-quarter production ‘beat’.
The company produced 38.8koz of gold, exceeding expectations despite encountering lower grades and higher operating costs.
Model revisions now account for a higher contribution from third-party toll treatment through the end of FY26, which should help the producer reach the bottom of its annual guidance, commentary suggests.
The broker observes the balance sheet remains in a healthy position with $231.7m in cash to fund a significant capital program including the delivery of a new processing plant.
Production for FY27 is expected to step back as capacity remains constrained until the new plant commissioned in 2028 expands throughput.
This report was published on April 17, 2026.
Target price is $1.71 Current Price is $1.49 Difference: $0.22
If OBM meets the Moelis target it will return approximately 15% (excluding dividends, fees and charges).
Current consensus price target is $1.90, suggesting upside of 23.4%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of 14.60 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.21.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.5, implying annual growth of 22.5%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 12.3.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 16.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.20.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 16.2, implying annual growth of 29.6%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 9.5.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
RCL READCLOUD LIMITED
Education & Tuition – Overnight Price: $0.07
Research as a Service (RaaS) rates ((RCL)) as No Rating (-1) –
ReadCloud revealed in its March quarter update that schools business delivered record quarterly cash receipts of $5.2m, up 28% on the prior corresponding period while operating cash flow was $2.3m.
Growth is being led by the VET-in-schools and eBooks businesses. The Southern Solutions Industry Training business is being wound down.
Research as a Service (RaaS) notes time and capital can now be directed solely towards schools, meeting there is now a simplified structure and clearer strategic direction.
The report highlights the significant gap between share price and the valuation of $0.36 a share.
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 15, 2026.
Target price is $0.36 Current Price is $0.07 Difference: $0.285
If RCL meets the Research as a Service (RaaS) target it will return approximately 380% (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 15.00.
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 6.82.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
RML RESOLUTION MINERALS LIMITED
Tungsten – Overnight Price: $0.07
Canaccord Genuity rates ((RML)) as No Rating (-1) –
Canaccord Genuity has published a sector update on emerging tungsten companies, identifying structural deficits supported by strong price action.
The broker observes Rotterdam pricing for tungsten is up 350% year-to-date, driven by Chinese export controls and increasing demand from aerospace and defense applications.
Chinese market dominance of approximately 80% has seen tungsten classified as a critical mineral across the US, EU, and Japan.
Resolution Minerals is focused on the 100%-owned Horse Heaven project in Idaho, US.
This project hosts the past-producing Golden Gate tungsten mine area and a recently acquired mill and stockpiles.
No rating or price target is provided as this stock is not actively covered by the broker.
This report was published on April 15, 2026.
Current Price is $0.07. Target price not assessed.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SDR SITEMINDER LIMITED
Travel, Leisure & Tourism – Overnight Price: $3.33
Moelis rates ((SDR)) as Buy (1) –
Moelis maintains a Buy rating and $7.18 price target for SiteMinder following recent share price weakness.
The broker identifies an attractive risk-reward opportunity as the company leverages its leading position to address emerging AI-enabled distribution channels.
Strategy to enable Demand Plus and Channels Plus for AI-driven booking pathways appears significant, providing hoteliers efficient access to multiple demand channels.
Subscription revenue, representing approximately 60% of the total, demonstrated resilience during previous global travel disruptions.
Although foreign exchange volatility and geopolitical tensions bear on near-term results, Moelis argues underlying revenue growth trends remain robust
This report was published on April 16, 2026.
Target price is $7.18 Current Price is $3.33 Difference: $3.85
If SDR meets the Moelis target it will return approximately 116% (excluding dividends, fees and charges).
Current consensus price target is $7.35, suggesting upside of 121.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 0.90 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 370.00.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -1.3, 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 N/A.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 6.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 53.71.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 5.4, 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 61.5.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SNZ SUMMERSET GROUP HOLDINGS LIMITED
Aged Care & Seniors – Overnight Price: $6.73
Jarden rates ((SNZ)) as Neutral (3) –
Jarden maintains a Neutral rating for Summerset Group and reduces the price target to NZ$10.52 from NZ$11.44.
The broker observes construction and sell-down risk in the development pipeline exceeds the risk profile of sector rivals.
Near-term unit price growth forecasts have been lowered to 0% for FY26 to reflect a benign housing market outlook.
Higher risk-free rates further impact the valuation of long-dated cash flows within the high leverage model.
Jarden concludes management needs to provide greater granularity on operating costs and cash flow to improve investment case visibility.
This report was published on April 15, 2026.
Current Price is $6.73. Target price not assessed.
Current consensus price target is N/A
The company’s fiscal year ends in December.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 22.07 cents and EPS of 11.48 cents.
At the last closing share price the estimated dividend yield is 3.28%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 58.64.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 90.4, implying annual growth of N/A.
Current consensus DPS estimate is 20.4, implying a prospective dividend yield of 3.0%.
Current consensus EPS estimate suggests the PER is 7.4.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 28.25 cents and EPS of 18.54 cents.
At the last closing share price the estimated dividend yield is 4.20%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 36.30.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 98.6, implying annual growth of 9.1%.
Current consensus DPS estimate is 20.9, implying a prospective dividend yield of 3.1%.
Current consensus EPS estimate suggests the PER is 6.8.
This company reports in NZD. 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
SOM SOMNOMED LIMITED
Medical Equipment & Devices – Overnight Price: $0.60
Canaccord Genuity rates ((SOM)) as Buy (1) –
Shane Storey and his team at Canaccord Genuity maintain a Buy rating and $1.00 price target for SomnoMed following industry feedback on the upcoming RestAssure technology.
The broker observes significant theoretical demand for connected care capabilities in oral appliance therapy.
Management intends to launch FDA-cleared compliance monitoring this year, which seeks a fresh angle for the stock to re-rate.
The report highlights emerging US billing solutions and an upcoming clinical trial as key drivers for clinical adoption and reimbursement.
No updates have been made to earnings forecasts, as the broker shares industry feedback ahead of potential commercial activities.
This report was published on April 16, 2026.
Target price is $1.00 Current Price is $0.60 Difference: $0.4
If SOM meets the Canaccord Genuity target it will return approximately 67% (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 1.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 50.00.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 1.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 35.29.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
TGN TUNGSTEN MINING NL
Tungsten – Overnight Price: $0.28
Canaccord Genuity rates ((TGN)) as No Rating (-1) –
Canaccord Genuity has published a sector update on emerging tungsten companies, identifying structural deficits supported by strong price action.
The broker observes Rotterdam pricing for tungsten is up 350% year-to-date, driven by Chinese export controls and increasing demand from aerospace and defense applications.
Chinese market dominance of approximately 80% has seen tungsten classified as a critical mineral across the US, EU, and Japan.
Tungsten Mining hosts a globally significant tungsten inventory across three separate projects.
A recent scoping study defined the flagship Mt Mulgine project as a potential global-scale, long-life asset. The project is located in a tier 1 operating jurisdiction, the broker notes.
No rating or price target is provided as this stock is not actively covered by the broker.
This report was published on April 15, 2026.
Current Price is $0.28. Target price not assessed.
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) –
Updating for the Regeneron deal and a $600m convertible bond refinancing, Canaccord Genuity maintains a Buy rating on Telix Pharmaceuticals with a $30.00 price target.
The $600m issue extinguishes the need for equity raising and addresses potential dilution concerns while improving balance sheet flexibility.
Commentary concludes the new collaboration with Regeneron furthers the company’s ambitions in the radioimmunoconjugate field, combining its expertise with monoclonal antibody platforms.
Model changes result in small updates to financial forecasts to account for net interest changes, though underlying operating forecasts remain unchanged.
The broker observes the capital structure is better positioned for growth, underpinning the investment case alongside market share gains in the US.
This report was published on April 16, 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 75.1%(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 2.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 696.15.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -1.8, 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 N/A.
Forecast for FY27:
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 2.55 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 573.22.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 37.6, 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 39.3.
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
TPG TPG TELECOM LIMITED
Telecommunication – Overnight Price: $4.32
Jarden rates ((TPG)) as Overweight (2) –
Jarden maintains an Overweight rating and raises the target price to $4.30 following a detailed analysis of digital-first brand margins.
The broker observes digital-first subscriber growth is high quality, with every 100k net adds contributing approximately $28m to annualised EBITDA at 90% margins.
TPG’s smaller mobile base provides significant operating leverage to above-system subscriber growth in value-focused channels, the report explains.
Jarden notes the deteriorating consumer backdrop should accelerate the structural shift toward lower-cost plans where TPG’s brand architecture is well-positioned.
Long-term earnings upgrades for FY28 onwards reflect a more capital-light profile following the Vocus fibre transaction.
This report was published on April 16, 2026.
Target price is $4.30 Current Price is $4.32 Difference: minus $0.02 (current price is over target).
If TPG meets the Jarden target it will return approximately minus 0% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $4.08, suggesting downside of -6.0%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 19.00 cents and EPS of 6.30 cents.
At the last closing share price the estimated dividend yield is 4.40%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 68.57.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 6.2, implying annual growth of -10.3%.
Current consensus DPS estimate is 19.0, implying a prospective dividend yield of 4.4%.
Current consensus EPS estimate suggests the PER is 70.0.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 20.00 cents and EPS of 9.60 cents.
At the last closing share price the estimated dividend yield is 4.63%.
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 8.9, implying annual growth of 43.5%.
Current consensus DPS estimate is 20.0, implying a prospective dividend yield of 4.6%.
Current consensus EPS estimate suggests the PER is 48.8.
Market Sentiment: 0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
VGN VIRGIN AUSTRALIA HOLDINGS LIMITED
Transportation & Logistics – Overnight Price: $2.54
Jarden rates ((VGN)) as Buy (1) –
Jarden maintains its Buy rating on Virgin Australia and reduces the price target to $3.80 from $4.00 after a 2H26 trading update revealed higher fuel costs.
The company anticipates 2H26 fuel expenses will be $30m to $40m higher than originally expected due to current commodity pricing.
Management intends to offset these headwinds through capacity discipline and yield management, including fare unbundling and ancillary services.
Modelling suggests fuel burdens will increase further into FY27 as hedging coverage rolls off.
Forecasts for core EPS have been lowered by -2.4% for FY26 and -4.5% for FY27 to reflect these ongoing energy cost pressures.
This report was published on April 15, 2026.
Target price is $3.80 Current Price is $2.54 Difference: $1.26
If VGN meets the Jarden target it will return approximately 50% (excluding dividends, fees and charges).
Current consensus price target is $3.67, suggesting upside of 42.7%(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 49.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 5.17.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 45.0, implying annual growth of -31.2%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 5.7.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 10.80 cents and EPS of 50.90 cents.
At the last closing share price the estimated dividend yield is 4.25%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 4.99.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 50.0, implying annual growth of 11.1%.
Current consensus DPS estimate is 2.7, implying a prospective dividend yield of 1.1%.
Current consensus EPS estimate suggests the PER is 5.1.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
VKA VIKING MINES LIMITED
Tungsten – Overnight Price: $0.01
Canaccord Genuity rates ((VKA)) as No Rating (-1) –
Canaccord Genuity has published a sector update on emerging tungsten companies, identifying structural deficits supported by strong price action.
The broker observes Rotterdam pricing for tungsten is up 350% year-to-date, driven by Chinese export controls and increasing demand from aerospace and defense applications.
Chinese market dominance of approximately 80% has seen tungsten classified as a critical mineral across the US, EU, and Japan.
Viking Mines is targeting a rapid, low-capital development pathway for its flagship Linka project in Nevada, US.
The project encompasses several historical production sites, offering a faster route to market, commentary suggests.
No rating or price target is provided as this stock is not actively covered by the broker.
This report was published on April 15, 2026.
Current Price is $0.01. Target price not assessed.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
WC8 WILDCAT RESOURCES LIMITED
New Battery Elements – Overnight Price: $0.47
Shaw and Partners rates ((WC8)) as Buy (1) –
Shaw and Partners maintains its Buy recommendation and $1.20 price target for Wildcat Resources following March quarter results.
The company significantly expanded the Bolt Cutter Central lithium discovery while delivering strong high-grade drilling results.
The Tabba Tabba DFS progressed steadily, supported by a strong balance sheet and long funding runway.
Escalating fuel prices and burgeoning battery demand are expected to tip the lithium market into deficit by the end of 2026.
No updates have been made to earnings forecasts, as the company remains an explorer without active production revenue.
This report was published on April 16, 2026.
Target price is $1.20 Current Price is $0.47 Difference: $0.73
If WC8 meets the Shaw and Partners target it will return approximately 155% (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 0.90 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 52.22.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 0.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 58.75.
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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