Australian Broker Call *Extra* Edition – Apr 29, 2026

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(
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        (
            [0] => ((ADH))
            [1] => ((AL3))
            [2] => ((AMP))
            [3] => ((APZ))
            [4] => ((ARF))
            [5] => ((ASK))
            [6] => ((AX1))
            [7] => ((BLX))
            [8] => ((BRG))
            [9] => ((BWP))
            [10] => ((CHC))
            [11] => ((CIP))
            [12] => ((CLW))
            [13] => ((CNI))
            [14] => ((COF))
            [15] => ((CQE))
            [16] => ((CQR))
            [17] => ((CXO))
            [18] => ((DXS))
            [19] => ((ELV))
            [20] => ((FMG))
            [21] => ((GLN))
            [22] => ((GMG))
            [23] => ((GPT))
            [24] => ((GT1))
            [25] => ((HDN))
            [26] => ((HMC))
            [27] => ((HUB))
            [28] => ((HVN))
            [29] => ((IGO))
            [30] => ((IGO))
            [31] => ((IKE))
            [32] => ((INA))
            [33] => ((INR))
            [34] => ((JBH))
            [35] => ((JDO))
            [36] => ((LIC))
            [37] => ((LOV))
            [38] => ((LTR))
            [39] => ((NCK))
            [40] => ((NWL))
            [41] => ((ORG))
            [42] => ((PLS))
            [43] => ((PLS))
            [44] => ((PMT))
            [45] => ((PMV))
            [46] => ((PNR))
            [47] => ((POL))
            [48] => ((RGN))
            [49] => ((SCG))
            [50] => ((SGP))
            [51] => ((SUL))
            [52] => ((SUN))
            [53] => ((IAG))
            [54] => ((TPW))
            [55] => ((UNI))
            [56] => ((VCX))
            [57] => ((VUL))
            [58] => ((WC8))
            [59] => ((WPR))
            [60] => ((WR1))
        )

    [1] => Array
        (
            [0] => ADH
            [1] => AL3
            [2] => AMP
            [3] => APZ
            [4] => ARF
            [5] => ASK
            [6] => AX1
            [7] => BLX
            [8] => BRG
            [9] => BWP
            [10] => CHC
            [11] => CIP
            [12] => CLW
            [13] => CNI
            [14] => COF
            [15] => CQE
            [16] => CQR
            [17] => CXO
            [18] => DXS
            [19] => ELV
            [20] => FMG
            [21] => GLN
            [22] => GMG
            [23] => GPT
            [24] => GT1
            [25] => HDN
            [26] => HMC
            [27] => HUB
            [28] => HVN
            [29] => IGO
            [30] => IGO
            [31] => IKE
            [32] => INA
            [33] => INR
            [34] => JBH
            [35] => JDO
            [36] => LIC
            [37] => LOV
            [38] => LTR
            [39] => NCK
            [40] => NWL
            [41] => ORG
            [42] => PLS
            [43] => PLS
            [44] => PMT
            [45] => PMV
            [46] => PNR
            [47] => POL
            [48] => RGN
            [49] => SCG
            [50] => SGP
            [51] => SUL
            [52] => SUN
            [53] => IAG
            [54] => TPW
            [55] => UNI
            [56] => VCX
            [57] => VUL
            [58] => WC8
            [59] => WPR
            [60] => WR1
        )

)

This story features ADAIRS LIMITED, and other companies.
For more info SHARE ANALYSIS: ADH
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.

In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Australian Broker Call *Extra* Edition, featuring additional sources of research and insights on ASX-listed stocks, also enlarging the number of stocks that make up the FNArena universe.

One key difference is the *Extra* Edition will not be updated daily, but merely “regularly” depending on availability of suitable quality content. As such, the *Extra* Edition tries to build a bridge between daily updates via the Australian Broker Call Report and ad hoc news stories, that are not always timely for investors hungry for the next information update.

Investors using the *Extra* Edition as a source of input for their own share market research should thus take into account that information after publication may not be up to date, or yet awaiting another update by FNArena’s team of journalists.

Similar to The Australian Broker Call Report, this *Extra* Edition includes concise but limited reviews of research recently published by Stockbrokers and other experts, which should be considered as information concerning likely market behaviour rather than advice on the securities mentioned. Do not act on the contents of this Report without first reading the important information included at the end of this Report.

The Australian Broker Call *Extra* Edition is a summary that has been prepared independently of the sources identified. Readers will check the full text of the recommendations and consult a Licenced Advisor before making any investment decision.

The copyright of this Report is owned by the publisher. Readers will not copy, forward or disseminate this Report to any other person. For more vital information about the sources included, see the bottom of this Report.

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)

ADH   AL3   AMP   APZ   ARF   ASK   AX1   BLX   BRG   BWP   CHC   CIP   CLW   CNI   COF   CQE   CQR   CXO   DXS   ELV   FMG   GLN   GMG   GPT   GT1   HDN   HMC   HUB   HVN   IGO (2)   IKE   INA   INR   JBH   JDO   LIC   LOV   LTR   NCK   NWL   ORG   PLS (2)   PMT   PMV   PNR   POL   RGN   SCG   SGP   SUL   SUN   TPW   UNI   VCX   VUL   WC8   WPR   WR1  

ADH    ADAIRS LIMITED

Furniture & Renovation – Overnight Price: $1.28

Jarden rates ((ADH)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $2.30 target maintained for Adairs.

This report was published on April 21, 2026.

Target price is $2.30 Current Price is $1.28 Difference: $1.02
If ADH meets the Jarden target it will return approximately 80% (excluding dividends, fees and charges).
Current consensus price target is $2.06, suggesting upside of 57.3%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 11.20 cents and EPS of 21.10 cents.
At the last closing share price the estimated dividend yield is 8.75%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 6.07.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 18.6, implying annual growth of 27.3%.
Current consensus DPS estimate is 10.2, implying a prospective dividend yield of 7.8%.
Current consensus EPS estimate suggests the PER is 7.0.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 15.40 cents and EPS of 23.60 cents.
At the last closing share price the estimated dividend yield is 12.03%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 5.42.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 22.3, implying annual growth of 19.9%.
Current consensus DPS estimate is 13.4, implying a prospective dividend yield of 10.2%.
Current consensus EPS estimate suggests the PER is 5.9.

Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

AL3    AML3D LIMITED

Commercial Services & Supplies – Overnight Price: $0.20

Shaw and Partners rates ((AL3)) as Buy (1) –

Shaw and Partners maintains a Buy rating and a $0.40 target price for AML3D following an operationally robust March quarter marked by significant order book expansion.

The business held $29m in orders at the end of the period, including seven ARCEMY systems, heavily supported by successful integration with United States reshoring initiatives.

The analysts anticipate the company will achieve positive underlying earnings and operating cash flow in the June quarter as management accelerates system deliveries.

A newly contracted advocacy program led by a former United States Navy director is expected to drive further procurement and broader industrial adoption.

The broker explicitly lowered FY26 EPS forecasts to a -0.9 cents loss from a -0.3 cents loss to reflect delayed delivery timelines moving into FY27, alongside updated depreciation assumptions related to the Stow facility expansion.

This report was published on April 28, 2026.

Target price is $0.40 Current Price is $0.20 Difference: $0.205
If AL3 meets the Shaw and Partners target it will return approximately 105% (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 21.67.

Forecast for FY27:

Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 0.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 195.00.

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) –

After the release of Treasury’s three consultation papers earlier this month, Jarden sees risks of rising platform scrutiny as manageable for scaled platforms such as AMP.

The analysts note the advice fee ban faces a credible risk of being overturned due to its conflict with objectives of the Australian government reform agenda (led by Treasury) named ‘Delivering Better Financial Outcomes’ (DBFO).

On relative earnings exposure, Netwealth Group and Hub24 are most at risk while AMP is comparatively insulated, the analysts suggest.

Should the advice fee ban and mandatory waiting period pass in their current form, the broker would likely review its valuations and ratings for Netwealth and Hub24.

For AMP, the rating is Overweight. Target $1.65.

This report was published on April 23, 2026.

Target price is $1.65 Current Price is $1.43 Difference: $0.22
If AMP meets the Jarden target it will return approximately 15% (excluding dividends, fees and charges).
Current consensus price target is $1.79, suggesting upside of 25.9%(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 11.40 cents.
At the last closing share price the estimated dividend yield is 2.80%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.54.

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 12.1.

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 2.80%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.43.

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 11.1.

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: $4.74

Jarden rates ((APZ)) as Overweight (2) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Overweight rating and $5.65 target retained for Aspen Group.

This report was published on April 22, 2026.

Target price is $5.65 Current Price is $4.74 Difference: $0.91
If APZ meets the Jarden target it will return approximately 19% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 EPS of 21.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 22.57.

Forecast for FY27:

Jarden forecasts a full year FY27 EPS of 22.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.88.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

ARF    ARENA REIT

REITs – Overnight Price: $3.42

Jarden rates ((ARF)) as Buy (1) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Arena REIT has a Buy rating with the target lowered to $4.17 from $4.30.

This report was published on April 22, 2026.

Target price is $4.17 Current Price is $3.42 Difference: $0.75
If ARF meets the Jarden target it will return approximately 22% (excluding dividends, fees and charges).
Current consensus price target is $3.87, suggesting upside of 15.2%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 19.30 cents and EPS of 19.80 cents.
At the last closing share price the estimated dividend yield is 5.64%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.27.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 19.6, implying annual growth of -6.2%.
Current consensus DPS estimate is 19.2, implying a prospective dividend yield of 5.7%.
Current consensus EPS estimate suggests the PER is 17.1.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 19.60 cents and EPS of 20.70 cents.
At the last closing share price the estimated dividend yield is 5.73%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.52.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 20.6, implying annual growth of 5.1%.
Current consensus DPS estimate is 20.3, implying a prospective dividend yield of 6.0%.
Current consensus EPS estimate suggests the PER is 16.3.

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

Jarden rates ((ASK)) as Downgrade to Underweight from Overweight (4) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Rating is downgraded to Underweight from Overweight for Abacus Storage King, while the target is reduced to $1.39 from $1.60.

This report was published on April 22, 2026.

Target price is $1.39 Current Price is $1.41 Difference: minus $0.015 (current price is over target).
If ASK meets the Jarden target it will return approximately minus 1% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $1.55, suggesting upside of 10.7%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 6.20 cents and EPS of 6.50 cents.
At the last closing share price the estimated dividend yield is 4.41%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 21.62.

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 4.4%.
Current consensus EPS estimate suggests the PER is 20.6.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 6.30 cents and EPS of 6.60 cents.
At the last closing share price the estimated dividend yield is 4.48%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 21.29.

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 4.5%.
Current consensus EPS estimate suggests the PER is 19.7.

Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

AX1    ACCENT GROUP LIMITED

Apparel & Footwear – Overnight Price: $0.63

Jarden rates ((AX1)) as Neutral (3) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Neutral rating and $1.20 target maintained for Accent Group.

This report was published on April 21, 2026.

Target price is $1.20 Current Price is $0.63 Difference: $0.57
If AX1 meets the Jarden target it will return approximately 90% (excluding dividends, fees and charges).
Current consensus price target is $1.05, suggesting upside of 66.3%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 4.70 cents and EPS of 7.10 cents.
At the last closing share price the estimated dividend yield is 7.46%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.87.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 7.0, implying annual growth of -30.8%.
Current consensus DPS estimate is 4.8, implying a prospective dividend yield of 7.6%.
Current consensus EPS estimate suggests the PER is 9.0.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 6.60 cents and EPS of 9.00 cents.
At the last closing share price the estimated dividend yield is 10.48%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.00.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 8.9, implying annual growth of 27.1%.
Current consensus DPS estimate is 6.2, implying a prospective dividend yield of 9.8%.
Current consensus EPS estimate suggests the PER is 7.1.

Market Sentiment: 0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

BLX    BEACON LIGHTING GROUP LIMITED

Furniture & Renovation – Overnight Price: $1.56

Jarden rates ((BLX)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $3.20 target maintained for Beacon Lighting.

This report was published on April 27, 2026.

Target price is $3.20 Current Price is $1.56 Difference: $1.64
If BLX meets the Jarden target it will return approximately 105% (excluding dividends, fees and charges).
Current consensus price target is $2.83, suggesting upside of 85.9%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 7.00 cents and EPS of 12.40 cents.
At the last closing share price the estimated dividend yield is 4.49%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.58.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 12.8, implying annual growth of -0.9%.
Current consensus DPS estimate is 7.7, implying a prospective dividend yield of 5.1%.
Current consensus EPS estimate suggests the PER is 11.9.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 8.30 cents and EPS of 15.40 cents.
At the last closing share price the estimated dividend yield is 5.32%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.13.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 14.5, implying annual growth of 13.3%.
Current consensus DPS estimate is 8.6, implying a prospective dividend yield of 5.7%.
Current consensus EPS estimate suggests the PER is 10.5.

Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

BRG    BREVILLE GROUP LIMITED

Household & Personal Products – Overnight Price: $30.70

Jarden rates ((BRG)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $34.90 target maintained for Breville Group.

This report was published on April 21, 2026.

Target price is $34.90 Current Price is $30.70 Difference: $4.2
If BRG meets the Jarden target it will return approximately 14% (excluding dividends, fees and charges).
Current consensus price target is $38.17, suggesting upside of 25.4%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 38.00 cents and EPS of 94.80 cents.
At the last closing share price the estimated dividend yield is 1.24%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 32.38.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 97.5, implying annual growth of 3.2%.
Current consensus DPS estimate is 38.3, implying a prospective dividend yield of 1.3%.
Current consensus EPS estimate suggests the PER is 31.2.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 44.00 cents and EPS of 106.60 cents.
At the last closing share price the estimated dividend yield is 1.43%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 28.80.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 110.3, implying annual growth of 13.1%.
Current consensus DPS estimate is 42.2, implying a prospective dividend yield of 1.4%.
Current consensus EPS estimate suggests the PER is 27.6.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

BWP    BWP TRUST

REITs – Overnight Price: $3.85

Jarden rates ((BWP)) as Downgrade to Underweight from Neutral (4) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Rating is downgraded to Underweight from Neutral for BWP Trust, while the target is reduced to $3.45 from $3.95.

This report was published on April 22, 2026.

Target price is $3.45 Current Price is $3.85 Difference: minus $0.4 (current price is over target).
If BWP meets the Jarden target it will return approximately minus 10% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $3.97, suggesting upside of 3.2%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 19.40 cents and EPS of 19.40 cents.
At the last closing share price the estimated dividend yield is 5.04%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.85.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 19.2, implying annual growth of -48.4%.
Current consensus DPS estimate is 19.3, implying a prospective dividend yield of 5.0%.
Current consensus EPS estimate suggests the PER is 20.1.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 19.70 cents and EPS of 19.60 cents.
At the last closing share price the estimated dividend yield is 5.12%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.64.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 19.9, implying annual growth of 3.6%.
Current consensus DPS estimate is 19.9, implying a prospective dividend yield of 5.2%.
Current consensus EPS estimate suggests the PER is 19.3.

Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

CHC    CHARTER HALL GROUP

REITs – Overnight Price: $19.81

Jarden rates ((CHC)) as Downgrade to Neutral from Overweight (3) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Charter Hall’s rating is downgraded to Neutral from Overweight, as the broker now finds less relative value compared to peers, and the target is reduced to $22.59 from $28.30.

This report was published on April 22, 2026.

Target price is $22.59 Current Price is $19.81 Difference: $2.78
If CHC meets the Jarden target it will return approximately 14% (excluding dividends, fees and charges).
Current consensus price target is $23.56, 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 50.70 cents and EPS of 105.10 cents.
At the last closing share price the estimated dividend yield is 2.56%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.85.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 100.8, implying annual growth of 111.1%.
Current consensus DPS estimate is 50.4, implying a prospective dividend yield of 2.5%.
Current consensus EPS estimate suggests the PER is 19.7.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 53.70 cents and EPS of 112.60 cents.
At the last closing share price the estimated dividend yield is 2.71%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.59.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 108.8, implying annual growth of 7.9%.
Current consensus DPS estimate is 53.5, implying a prospective dividend yield of 2.7%.
Current consensus EPS estimate suggests the PER is 18.3.

Market Sentiment: 0.9
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

CIP    CENTURIA INDUSTRIAL REIT

REITs – Overnight Price: $2.97

Jarden rates ((CIP)) as Downgrade to Neutral from Overweight (3) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Centuria Industrial REIT’s rating is downgraded to Neutral from Overweight, as the broker envisages more sensitivity to higher interest rates compared with peers, and the target is reduced to $3.23 from $3.75.

This report was published on April 22, 2026.

Target price is $3.23 Current Price is $2.97 Difference: $0.26
If CIP meets the Jarden target it will return approximately 9% (excluding dividends, fees and charges).
Current consensus price target is $3.27, suggesting upside of 9.9%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 17.00 cents and EPS of 18.40 cents.
At the last closing share price the estimated dividend yield is 5.72%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.14.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 18.2, implying annual growth of -13.2%.
Current consensus DPS estimate is 16.9, implying a prospective dividend yield of 5.7%.
Current consensus EPS estimate suggests the PER is 16.3.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 17.90 cents and EPS of 19.00 cents.
At the last closing share price the estimated dividend yield is 6.03%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.63.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 19.3, implying annual growth of 6.0%.
Current consensus DPS estimate is 17.3, implying a prospective dividend yield of 5.8%.
Current consensus EPS estimate suggests the PER is 15.4.

Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

CLW    CHARTER HALL LONG WALE REIT

REITs – Overnight Price: $3.49

Jarden rates ((CLW)) as Underweight (4) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Underweight rating maintained for Charter Hall Long WALE REIT and the target is reduced to $3.62 from $4.20.

This report was published on April 22, 2026.

Target price is $3.62 Current Price is $3.49 Difference: $0.13
If CLW meets the Jarden target it will return approximately 4% (excluding dividends, fees and charges).
Current consensus price target is $3.80, suggesting upside of 8.1%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 25.50 cents and EPS of 25.50 cents.
At the last closing share price the estimated dividend yield is 7.31%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.69.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 25.8, implying annual growth of 55.8%.
Current consensus DPS estimate is 25.8, implying a prospective dividend yield of 7.4%.
Current consensus EPS estimate suggests the PER is 13.6.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 25.50 cents and EPS of 25.40 cents.
At the last closing share price the estimated dividend yield is 7.31%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.74.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 25.6, implying annual growth of -0.8%.
Current consensus DPS estimate is 25.4, implying a prospective dividend yield of 7.2%.
Current consensus EPS estimate suggests the PER is 13.7.

Market Sentiment: 0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

CNI    CENTURIA CAPITAL GROUP

Diversified Financials – Overnight Price: $1.68

Jarden rates ((CNI)) as Upgrade to Buy from Neutral (1) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Centuria Capital is upgraded to Neutral from Buy after a period of underperformance, and the target is reduced to $1.95 from $2.18.

This report was published on April 22, 2026.

Target price is $1.95 Current Price is $1.68 Difference: $0.27
If CNI meets the Jarden target it will return approximately 16% (excluding dividends, fees and charges).
Current consensus price target is $1.97, suggesting upside of 16.8%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 10.40 cents and EPS of 13.60 cents.
At the last closing share price the estimated dividend yield is 6.19%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.35.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 13.8, implying annual growth of 38.4%.
Current consensus DPS estimate is 9.9, implying a prospective dividend yield of 5.9%.
Current consensus EPS estimate suggests the PER is 12.2.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 10.60 cents and EPS of 14.30 cents.
At the last closing share price the estimated dividend yield is 6.31%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.75.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 13.8, implying annual growth of N/A.
Current consensus DPS estimate is 10.1, implying a prospective dividend yield of 6.0%.
Current consensus EPS estimate suggests the PER is 12.2.

Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

COF    CENTURIA OFFICE REIT

REITs – Overnight Price: $0.94

Jarden rates ((COF)) as Underweight (4) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Centuria Office REIT has an Underweight rating with its target lowered to $0.94 from $1.10.

This report was published on April 22, 2026.

Target price is $0.94 Current Price is $0.94 Difference: $0.005
If COF meets the Jarden target it will return approximately 1% (excluding dividends, fees and charges).
Current consensus price target is $0.99, suggesting upside of 5.3%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 10.10 cents and EPS of 11.20 cents.
At the last closing share price the estimated dividend yield is 10.80%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.35.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 11.1, implying annual growth of N/A.
Current consensus DPS estimate is 10.1, implying a prospective dividend yield of 10.7%.
Current consensus EPS estimate suggests the PER is 8.5.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 10.10 cents and EPS of 11.30 cents.
At the last closing share price the estimated dividend yield is 10.80%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.27.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 11.4, implying annual growth of 2.7%.
Current consensus DPS estimate is 10.2, implying a prospective dividend yield of 10.9%.
Current consensus EPS estimate suggests the PER is 8.2.

Market Sentiment: -0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

CQE    CHARTER HALL SOCIAL INFRASTRUCTURE REIT

Childcare – Overnight Price: $2.65

Jarden rates ((CQE)) as Upgrade to Overweight from Neutral (2) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Rating is upgraded to Overweight from Neutral for Charter Hall Social Infrastructure REIT, while the target is reduced to $3.30 from $3.50.

This report was published on April 22, 2026.

Target price is $3.30 Current Price is $2.65 Difference: $0.65
If CQE meets the Jarden target it will return approximately 25% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 16.80 cents and EPS of 17.30 cents.
At the last closing share price the estimated dividend yield is 6.34%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.32.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 17.00 cents and EPS of 17.90 cents.
At the last closing share price the estimated dividend yield is 6.42%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.80.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

CQR    CHARTER HALL RETAIL REIT

REITs – Overnight Price: $3.84

Jarden rates ((CQR)) as Downgrade to Neutral from Overweight (3) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Rating is downgraded to Neutral from Overweight for Charter Hall Retail REIT, while the target is reduced to $4.09 from $4.50.

This report was published on April 22, 2026.

Target price is $4.09 Current Price is $3.84 Difference: $0.25
If CQR meets the Jarden target it will return approximately 7% (excluding dividends, fees and charges).
Current consensus price target is $4.12, suggesting upside of 6.4%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 EPS of 26.40 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.55.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 26.2, implying annual growth of -28.8%.
Current consensus DPS estimate is 25.8, implying a prospective dividend yield of 6.7%.
Current consensus EPS estimate suggests the PER is 14.8.

Forecast for FY27:

Jarden forecasts a full year FY27 EPS of 27.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.17.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 27.2, implying annual growth of 3.8%.
Current consensus DPS estimate is 26.0, implying a prospective dividend yield of 6.7%.
Current consensus EPS estimate suggests the PER is 14.2.

Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

CXO    CORE LITHIUM LIMITED

New Battery Elements – Overnight Price: $0.33

Canaccord Genuity rates ((CXO)) as Speculative Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for producer Core Lithium remains at 40c. Speculative Buy rating retained.

This report was published on April 22, 2026.

Target price is $0.40 Current Price is $0.33 Difference: $0.075
If CXO meets the Canaccord Genuity target it will return approximately 23% (excluding dividends, fees and charges).

Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

DXS    DEXUS

REITs – Overnight Price: $6.12

Jarden rates ((DXS)) as Upgrade to Neutral from Underweight (3) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Rating is upgraded to Neutral from Underweight for Dexus, while the target is reduced to $6.94 from $7.55.

This report was published on April 22, 2026.

Target price is $6.94 Current Price is $6.12 Difference: $0.82
If DXS meets the Jarden target it will return approximately 13% (excluding dividends, fees and charges).
Current consensus price target is $6.99, 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 37.00 cents and EPS of 63.90 cents.
At the last closing share price the estimated dividend yield is 6.05%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.58.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 58.2, implying annual growth of 353.3%.
Current consensus DPS estimate is 37.0, implying a prospective dividend yield of 5.9%.
Current consensus EPS estimate suggests the PER is 10.7.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 37.10 cents and EPS of 60.50 cents.
At the last closing share price the estimated dividend yield is 6.06%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.12.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 56.6, implying annual growth of -2.7%.
Current consensus DPS estimate is 36.3, implying a prospective dividend yield of 5.8%.
Current consensus EPS estimate suggests the PER is 11.0.

Market Sentiment: 0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

ELV    ELEVRA LITHIUM LIMITED

New Battery Elements – Overnight Price: $13.69

Canaccord Genuity rates ((ELV)) as Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for producer Elevra Lithium rises by $2.00 to $16.50. Buy rating retained.

This report was published on April 22, 2026.

Target price is $16.50 Current Price is $13.69 Difference: $2.81
If ELV meets the Canaccord Genuity target it will return approximately 21% (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

FMG    FORTESCUE LIMITED

Iron Ore – Overnight Price: $20.11

Jarden rates ((FMG)) as Underweight (4) –

Jarden maintains an Underweight rating for Fortescue and lowers its target price to $16.00 from $16.40 following a mixed quarterly update.

Management announced a -$680m investment to develop 200MW of firmed green energy addressing growing industrial and data centre power demand in the Pilbara.

Hematite shipments marginally beat expectations, underpinning record nine-month delivery volumes, while operating unit costs also improved against consensus estimates.

The analysts note the slight valuation downgrade reflects increased capital expenditure forecasts and a delayed ramp-up at the Iron Bridge magnetite project.

The broker subsequently lifted FY26 earnings estimate to US122.2c from US116.6c due to stronger near-term cost controls, while lowering FY27 forecast to US77.0c from US81.5c to account for elevated outer-year investments.

This report was published on April 24, 2026.

Target price is $16.00 Current Price is $20.11 Difference: minus $4.11 (current price is over target).
If FMG meets the Jarden target it will return approximately minus 20% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $20.19, suggesting upside of 0.7%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 183.64 cents and EPS of 183.04 cents.
At the last closing share price the estimated dividend yield is 9.13%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.99.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 156.2, implying annual growth of N/A.
Current consensus DPS estimate is 116.0, implying a prospective dividend yield of 5.8%.
Current consensus EPS estimate suggests the PER is 12.8.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 97.81 cents and EPS of 115.34 cents.
At the last closing share price the estimated dividend yield is 4.86%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.44.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 124.0, implying annual growth of -20.6%.
Current consensus DPS estimate is 72.0, implying a prospective dividend yield of 3.6%.
Current consensus EPS estimate suggests the PER is 16.2.

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

GLN    GALAN LITHIUM LIMITED

New Battery Elements – Overnight Price: $0.54

Canaccord Genuity rates ((GLN)) as Speculative Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for producer Galan Lithium rises by 10c to 70c. Speculative Buy rating retained.

This report was published on April 22, 2026.

Target price is $0.70 Current Price is $0.54 Difference: $0.16
If GLN meets the Canaccord Genuity target it will return approximately 30% (excluding dividends, fees and charges).

All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

GMG    GOODMAN GROUP

Infra & Property Developers – Overnight Price: $28.90

Jarden rates ((GMG)) as Buy (1) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Buy rating retained for Goodman Group while target is reduced to $35.56 from $36.80.

This report was published on April 22, 2026.

Target price is $35.56 Current Price is $28.90 Difference: $6.66
If GMG meets the Jarden target it will return approximately 23% (excluding dividends, fees and charges).
Current consensus price target is $34.42, suggesting upside of 18.6%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 30.00 cents and EPS of 129.80 cents.
At the last closing share price the estimated dividend yield is 1.04%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 22.27.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 129.4, implying annual growth of 51.5%.
Current consensus DPS estimate is 30.0, implying a prospective dividend yield of 1.0%.
Current consensus EPS estimate suggests the PER is 22.4.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 30.00 cents and EPS of 144.00 cents.
At the last closing share price the estimated dividend yield is 1.04%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.07.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 142.7, implying annual growth of 10.3%.
Current consensus DPS estimate is 30.0, implying a prospective dividend yield of 1.0%.
Current consensus EPS estimate suggests the PER is 20.3.

Market Sentiment: 0.9
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

GPT    GPT GROUP

Infra & Property Developers – Overnight Price: $4.70

Jarden rates ((GPT)) as Upgrade to Overweight from Neutral (2) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

GPT Group’s rating is upgraded to Overweight from Neutral and the target edges down to $5.68 from $5.90.

This report was published on April 22, 2026.

Target price is $5.68 Current Price is $4.70 Difference: $0.98
If GPT meets the Jarden target it will return approximately 21% (excluding dividends, fees and charges).
Current consensus price target is $5.44, suggesting upside of 14.6%(ex-dividends)
The company’s fiscal year ends in December.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 24.50 cents and EPS of 35.40 cents.
At the last closing share price the estimated dividend yield is 5.21%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.28.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 35.3, implying annual growth of -31.1%.
Current consensus DPS estimate is 24.7, implying a prospective dividend yield of 5.2%.
Current consensus EPS estimate suggests the PER is 13.5.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 25.40 cents and EPS of 36.10 cents.
At the last closing share price the estimated dividend yield is 5.40%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.02.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 36.7, implying annual growth of 4.0%.
Current consensus DPS estimate is 25.7, implying a prospective dividend yield of 5.4%.
Current consensus EPS estimate suggests the PER is 12.9.

Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

GT1    GREEN TECHNOLOGY METALS LIMITED

New Battery Elements – Overnight Price: $0.03

Canaccord Genuity rates ((GT1)) as Speculative Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for developer Green Technology Metals falls to 16c from 18c. Speculative Buy rating maintained.

This report was published on April 22, 2026.

Target price is $0.16 Current Price is $0.03 Difference: $0.13
If GT1 meets the Canaccord Genuity target it will return approximately 433% (excluding dividends, fees and charges).

Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

HDN    HOMECO DAILY NEEDS REIT

REITs – Overnight Price: $1.24

Jarden rates ((HDN)) as Buy (1) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

HomeCo Daily Needs REIT has a Buy rating and $1.55 target.

This report was published on April 22, 2026.

Target price is $1.55 Current Price is $1.24 Difference: $0.315
If HDN meets the Jarden target it will return approximately 26% (excluding dividends, fees and charges).
Current consensus price target is $1.30, suggesting upside of 3.6%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 8.60 cents and EPS of 9.00 cents.
At the last closing share price the estimated dividend yield is 6.96%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.72.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 9.0, implying annual growth of -25.1%.
Current consensus DPS estimate is 8.8, implying a prospective dividend yield of 7.0%.
Current consensus EPS estimate suggests the PER is 13.9.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 9.20 cents and EPS of 9.50 cents.
At the last closing share price the estimated dividend yield is 7.45%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.00.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 9.2, implying annual growth of 2.2%.
Current consensus DPS estimate is 8.8, implying a prospective dividend yield of 7.0%.
Current consensus EPS estimate suggests the PER is 13.6.

Market Sentiment: 0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

HMC    HMC CAPITAL LIMITED

Wealth Management & Investments – Overnight Price: $2.46

Jarden rates ((HMC)) as Neutral (3) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Overweight rating retained for HMC Capital and the target is lowered to $3.10 from $3.30.

This report was published on April 22, 2026.

Target price is $3.10 Current Price is $2.46 Difference: $0.64
If HMC meets the Jarden target it will return approximately 26% (excluding dividends, fees and charges).
Current consensus price target is $3.28, suggesting upside of 31.6%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 12.00 cents and EPS of 34.60 cents.
At the last closing share price the estimated dividend yield is 4.88%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.11.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 28.8, implying annual growth of -21.7%.
Current consensus DPS estimate is 12.0, implying a prospective dividend yield of 4.8%.
Current consensus EPS estimate suggests the PER is 8.6.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 12.00 cents and EPS of 31.20 cents.
At the last closing share price the estimated dividend yield is 4.88%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.88.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 26.7, implying annual growth of -7.3%.
Current consensus DPS estimate is 12.0, implying a prospective dividend yield of 4.8%.
Current consensus EPS estimate suggests the PER is 9.3.

Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

HUB    HUB24 LIMITED

Wealth Management & Investments – Overnight Price: $83.85

Jarden rates ((HUB)) as Buy (1) –

After the release of Treasury’s three consultation papers earlier this month, Jarden sees risks of rising platform scrutiny as manageable for scaled platforms such as Hub24.

The analysts note the advice fee ban faces a credible risk of being overturned due to its conflict with objectives of the Australian government reform agenda (led by Treasury) named ‘Delivering Better Financial Outcomes’ (DBFO).

The broker does, however, note Hub24’s expansion into more mass-market segments may increase its exposure to advice-related changes.

This compares to peer Netwealth Group’s more established high-net-worth client base, the analysts explain. Buy. Target $115.30.

This report was published on April 23, 2026.

Target price is $115.30 Current Price is $83.85 Difference: $31.45
If HUB meets the Jarden target it will return approximately 38% (excluding dividends, fees and charges).
Current consensus price target is $104.46, suggesting upside of 25.3%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 73.80 cents and EPS of 162.50 cents.
At the last closing share price the estimated dividend yield is 0.88%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 51.60.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 161.2, implying annual growth of 64.2%.
Current consensus DPS estimate is 77.8, implying a prospective dividend yield of 0.9%.
Current consensus EPS estimate suggests the PER is 51.7.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 79.60 cents and EPS of 174.70 cents.
At the last closing share price the estimated dividend yield is 0.95%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 48.00.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 188.7, implying annual growth of 17.1%.
Current consensus DPS estimate is 93.7, implying a prospective dividend yield of 1.1%.
Current consensus EPS estimate suggests the PER is 44.2.

Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

HVN    HARVEY NORMAN HOLDINGS LIMITED

Consumer Electronics – Overnight Price: $4.46

Jarden rates ((HVN)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Target of $6.60 and Overweight rating are kept for Harvey Norman.

This report was published on April 21, 2026.

Target price is $6.60 Current Price is $4.46 Difference: $2.14
If HVN meets the Jarden target it will return approximately 48% (excluding dividends, fees and charges).
Current consensus price target is $5.71, suggesting upside of 26.9%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 26.00 cents and EPS of 37.50 cents.
At the last closing share price the estimated dividend yield is 5.83%.
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 37.3, implying annual growth of -10.3%.
Current consensus DPS estimate is 28.6, implying a prospective dividend yield of 6.4%.
Current consensus EPS estimate suggests the PER is 12.1.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 29.00 cents and EPS of 42.90 cents.
At the last closing share price the estimated dividend yield is 6.50%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.40.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 38.3, implying annual growth of 2.7%.
Current consensus DPS estimate is 30.1, implying a prospective dividend yield of 6.7%.
Current consensus EPS estimate suggests the PER is 11.7.

Market Sentiment: 0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

IGO    IGO LIMITED

Nickel – Overnight Price: $7.49

Canaccord Genuity rates ((IGO)) as Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for producer IGO Ltd rises to $10.80 from $9.60. Buy rating retained.

This report was published on April 22, 2026.

Target price is $10.80 Current Price is $7.49 Difference: $3.31
If IGO meets the Canaccord Genuity target it will return approximately 44% (excluding dividends, fees and charges).
Current consensus price target is $9.15, suggesting upside of 21.7%(ex-dividends)

Forecast for FY26:

Current consensus EPS estimate is 14.6, 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 51.5.

Forecast for FY27:

Current consensus EPS estimate is 100.4, implying annual growth of 587.7%.
Current consensus DPS estimate is 13.0, implying a prospective dividend yield of 1.7%.
Current consensus EPS estimate suggests the PER is 7.5.

Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

Jarden rates ((IGO)) as Neutral (3) –

Jarden maintains a Neutral rating for IGO Ltd and lowers its target price to $5.30 from $5.50 following a disappointing March quarter update.

Operations at the core Greenbushes joint venture missed production expectations by a wide margin, hindered by declining mined lithium grades, lower recoveries, and increased maintenance downtime.

Management consequently downgraded full-year production guidance by -11% while significantly raising unit cash cost estimates.

Near-term earnings forecasts have been reduced as well as the overarching valuation to reflect these prolonged operational headwinds and a slower ramp-up profile at the new CGP3 processing facility.

Despite the underlying asset quality and a supportive spot pricing environment, the broker awaits tangible evidence of stabilising operational momentum before adopting a more constructive stance.

This report was published on April 24, 2026.

Target price is $5.30 Current Price is $7.49 Difference: minus $2.19 (current price is over target).
If IGO meets the Jarden target it will return approximately minus 29% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $9.15, suggesting upside of 21.7%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 4.20 cents and EPS of 10.60 cents.
At the last closing share price the estimated dividend yield is 0.56%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 70.66.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 14.6, 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 51.5.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 2.10 cents and EPS of 25.20 cents.
At the last closing share price the estimated dividend yield is 0.28%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 29.72.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 100.4, implying annual growth of 587.7%.
Current consensus DPS estimate is 13.0, implying a prospective dividend yield of 1.7%.
Current consensus EPS estimate suggests the PER is 7.5.

Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

IKE    IKEGPS GROUP LIMITED

Hardware & Equipment – Overnight Price: $0.99

Moelis rates ((IKE)) as Hold (3) –

ikeGPS Group has ended FY26 at a subscription revenue exit rate of NZ$20.7m, slightly lower than that disclosed at the end of the third quarter.

Moelis suggests this occurred because of the completion of a project by a communication sector customer, which reduced its subscription and estimates this resulted in a -NZ$1.5m headwind to the exit run rate.

The broker reduces transaction revenue estimates, noting transactions generate much lower margins than subscriptions.

The company is considered well funded to invest in new product R&D and can leverage its domain experience in electrical distribution network maintenance and construction. Hold rating. Target is $1.06.

This report was published on April 28, 2026.

Target price is $1.06 Current Price is $0.99 Difference: $0.07
If IKE meets the Moelis target it will return approximately 7% (excluding dividends, fees and charges).
The company’s fiscal year ends in March.

Forecast for FY26:

Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 2.11 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 46.88.

Forecast for FY27:

Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.18 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 562.50.

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

INA    INGENIA COMMUNITIES GROUP

Aged Care & Seniors – Overnight Price: $3.98

Jarden rates ((INA)) as Buy (1) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Ingenia Communities has a Buy rating with the target lowered to $5.23 from $5.95.

This report was published on April 22, 2026.

Target price is $5.23 Current Price is $3.98 Difference: $1.25
If INA meets the Jarden target it will return approximately 31% (excluding dividends, fees and charges).
Current consensus price target is $4.85, suggesting upside of 21.9%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 10.10 cents and EPS of 33.70 cents.
At the last closing share price the estimated dividend yield is 2.54%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.81.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 33.5, implying annual growth of 6.3%.
Current consensus DPS estimate is 10.0, implying a prospective dividend yield of 2.5%.
Current consensus EPS estimate suggests the PER is 11.9.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 10.60 cents and EPS of 32.40 cents.
At the last closing share price the estimated dividend yield is 2.66%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.28.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 35.0, implying annual growth of 4.5%.
Current consensus DPS estimate is 10.0, implying a prospective dividend yield of 2.5%.
Current consensus EPS estimate suggests the PER is 11.4.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

INR    IONEER LIMITED

New Battery Elements – Overnight Price: $0.14

Canaccord Genuity rates ((INR)) as Speculative Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for developer ioneer falls by 5c to 50c. Speculative Buy rating maintained.

This report was published on April 22, 2026.

Target price is $0.50 Current Price is $0.14 Difference: $0.36
If INR meets the Canaccord Genuity target it will return approximately 257% (excluding dividends, fees and charges).

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

JBH    JB HI-FI LIMITED

Consumer Electronics – Overnight Price: $76.12

Jarden rates ((JBH)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $88.90 target maintained for JB Hi-Fi.

This report was published on April 21, 2026.

Target price is $88.90 Current Price is $76.12 Difference: $12.78
If JBH meets the Jarden target it will return approximately 17% (excluding dividends, fees and charges).
Current consensus price target is $88.46, suggesting upside of 14.2%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 441.00 cents and EPS of 466.20 cents.
At the last closing share price the estimated dividend yield is 5.79%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.33.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 456.6, implying annual growth of 7.9%.
Current consensus DPS estimate is 341.9, implying a prospective dividend yield of 4.4%.
Current consensus EPS estimate suggests the PER is 17.0.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 363.00 cents and EPS of 496.00 cents.
At the last closing share price the estimated dividend yield is 4.77%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.35.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 469.8, implying annual growth of 2.9%.
Current consensus DPS estimate is 353.3, implying a prospective dividend yield of 4.6%.
Current consensus EPS estimate suggests the PER is 16.5.

Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

JDO    JUDO CAPITAL HOLDINGS LIMITED

Business & Consumer Credit – Overnight Price: $1.46

Jarden rates ((JDO)) as Buy (1) –

Jarden maintains a Buy rating and a $2.50 target price for Judo Capital following a third-quarter update showcasing higher net interest margins offset by elevated collective provisions.

Management re-affirmed most guidance parameters but increased bad debt expectations, subsequently tilting the profit before tax range toward the lower end as the challenger bank navigates an uncertain macroeconomic environment.

The underlying lending pipeline expanded significantly to $2.2bn, while deposits climbed 6% sequentially to $11.5bn, providing a robust funding foundation, the report states.

The broker reduced FY26 earnings estimate by -4% to account for these higher collective provision charges, though outer-year forecasts remain broadly unchanged as operating leverage continues to drive projected returns on equity.

The analysts view the overarching trajectory favourably, expecting low double-digit returns on equity by FY27 despite near-term credit cost headwinds.

This report was published on April 24, 2026.

Target price is $2.50 Current Price is $1.46 Difference: $1.045
If JDO meets the Jarden target it will return approximately 72% (excluding dividends, fees and charges).
Current consensus price target is $2.12, suggesting upside of 46.9%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of 10.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.55.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 11.4, implying annual growth of 47.1%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 12.6.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 17.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.56.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 15.3, implying annual growth of 34.2%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 9.4.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

LIC    LIFESTYLE COMMUNITIES LIMITED

Aged Care & Seniors – Overnight Price: $4.81

Jarden rates ((LIC)) as Downgrade to Underweight from Neutral (4) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Rating is downgraded to Underweight from Neutral for Lifestyle Communities, while the target is reduced to $5.27 from $6.25.

This report was published on April 22, 2026.

Target price is $5.27 Current Price is $4.81 Difference: $0.46
If LIC meets the Jarden target it will return approximately 10% (excluding dividends, fees and charges).
Current consensus price target is $5.53, suggesting upside of 12.5%(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 25.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.24.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 22.0, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 22.3.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 34.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.94.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 26.3, implying annual growth of 19.5%.
Current consensus DPS estimate is 4.5, implying a prospective dividend yield of 0.9%.
Current consensus EPS estimate suggests the PER is 18.7.

Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

LOV    LOVISA HOLDINGS LIMITED

Retailing – Overnight Price: $23.39

Jarden rates ((LOV)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $30 target maintained for Lovisa Holdings.

This report was published on April 21, 2026.

Target price is $30.00 Current Price is $23.39 Difference: $6.61
If LOV meets the Jarden target it will return approximately 28% (excluding dividends, fees and charges).
Current consensus price target is $29.74, suggesting upside of 26.2%(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 92.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 25.37.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 81.3, implying annual growth of 4.1%.
Current consensus DPS estimate is 74.9, implying a prospective dividend yield of 3.2%.
Current consensus EPS estimate suggests the PER is 29.0.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 108.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 21.62.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 102.0, implying annual growth of 25.5%.
Current consensus DPS estimate is 93.6, implying a prospective dividend yield of 4.0%.
Current consensus EPS estimate suggests the PER is 23.1.

Market Sentiment: 0.7
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: $2.37

Canaccord Genuity rates ((LTR)) as Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for producer Liontown rises to $2.85 from $2.40. Buy rating retained.

This report was published on April 22, 2026.

Target price is $2.85 Current Price is $2.37 Difference: $0.48
If LTR meets the Canaccord Genuity target it will return approximately 20% (excluding dividends, fees and charges).
Current consensus price target is $1.98, suggesting downside of -17.6%(ex-dividends)

Forecast for FY26:

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 85.7.

Forecast for FY27:

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 12.8.

Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

NCK    NICK SCALI LIMITED

Furniture & Renovation – Overnight Price: $14.91

Jarden rates ((NCK)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $20.68 target maintained for Nick Scali.

This report was published on April 21, 2026.

Target price is $20.68 Current Price is $14.91 Difference: $5.77
If NCK meets the Jarden target it will return approximately 39% (excluding dividends, fees and charges).
Current consensus price target is $20.20, suggesting upside of 34.0%(ex-dividends)

Forecast for FY26:

Current consensus EPS estimate is 92.1, implying annual growth of 36.4%.
Current consensus DPS estimate is 70.6, implying a prospective dividend yield of 4.7%.
Current consensus EPS estimate suggests the PER is 16.4.

Forecast for FY27:

Current consensus EPS estimate is 104.3, implying annual growth of 13.2%.
Current consensus DPS estimate is 79.1, implying a prospective dividend yield of 5.2%.
Current consensus EPS estimate suggests the PER is 14.5.

Market Sentiment: 0.5
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: $23.71

Jarden rates ((NWL)) as Neutral (3) –

After the release of Treasury’s three consultation papers earlier this month, Jarden sees risks of rising platform scrutiny as manageable for scaled platforms such as Netwealth Group.

The analysts note the advice fee ban faces a credible risk of being overturned due to its conflict with objectives of the Australian government reform agenda (led by Treasury) named ‘Delivering Better Financial Outcomes’ (DBFO).

On relative earnings exposure, Netwealth Group and Hub24 are most at risk while AMP is comparatively insulated, the analysts suggest.

Should the advice fee ban and mandatory waiting period pass in their current form, the broker would likely review its valuations and ratings on Netwealth and Hub24.

For Netwealth, the rating is Neutral. Target $25.70.

This report was published on April 23, 2026.

Target price is $25.70 Current Price is $23.71 Difference: $1.99
If NWL meets the Jarden target it will return approximately 8% (excluding dividends, fees and charges).
Current consensus price target is $28.70, suggesting upside of 21.1%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 45.50 cents and EPS of 55.50 cents.
At the last closing share price the estimated dividend yield is 1.92%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 42.72.

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 1.8%.
Current consensus EPS estimate suggests the PER is 47.3.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 47.20 cents and EPS of 55.00 cents.
At the last closing share price the estimated dividend yield is 1.99%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 43.11.

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 2.1%.
Current consensus EPS estimate suggests the PER is 38.5.

Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

ORG    ORIGIN ENERGY LIMITED

Infrastructure & Utilities – Overnight Price: $11.66

Jarden rates ((ORG)) as Overweight (2) –

Jarden maintains an Overweight rating for Origin Energy and lowers its target price to $12.75 from $13.00 following an accelerated March quarter update highlighting impending earnings risks.

Management downgraded FY26 earnings guidance for the Octopus Energy division due to the non-recovery of government obligations and elevated capacity charges.

The company unfortunately increased its oil hedging at an average price of US$75 per barrel just prior to the Middle East conflict escalating, potentially driving a -$190m hedging loss in FY27.

Consequently, the broker explicitly reduced FY26 EPS forecasts to 67.3 cents from 72.3 cents to account for these hedging realities alongside increased coal expenses.

Commentary states the overarching valuation remains supported by steady domestic production and the anticipation of higher realised liquefied natural gas prices.

This report was published on April 27, 2026.

Target price is $12.75 Current Price is $11.66 Difference: $1.09
If ORG meets the Jarden target it will return approximately 9% (excluding dividends, fees and charges).
Current consensus price target is $12.10, suggesting upside of 0.7%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 57.00 cents and EPS of 67.30 cents.
At the last closing share price the estimated dividend yield is 4.89%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.33.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 71.3, implying annual growth of -17.3%.
Current consensus DPS estimate is 61.0, implying a prospective dividend yield of 5.1%.
Current consensus EPS estimate suggests the PER is 16.9.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 57.00 cents and EPS of 69.70 cents.
At the last closing share price the estimated dividend yield is 4.89%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.73.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 70.0, implying annual growth of -1.8%.
Current consensus DPS estimate is 65.8, implying a prospective dividend yield of 5.5%.
Current consensus EPS estimate suggests the PER is 17.2.

Market Sentiment: 0.2
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: $6.11

Canaccord Genuity rates ((PLS)) as Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for producer PLS Group rises to $6.30 from $5.20. Buy rating retained.

This report was published on April 22, 2026.

Target price is $6.30 Current Price is $6.11 Difference: $0.19
If PLS meets the Canaccord Genuity target it will return approximately 3% (excluding dividends, fees and charges).
Current consensus price target is $5.54, suggesting downside of -7.6%(ex-dividends)

Forecast for FY26:

Current consensus EPS estimate is 18.4, implying annual growth of N/A.
Current consensus DPS estimate is 1.5, implying a prospective dividend yield of 0.3%.
Current consensus EPS estimate suggests the PER is 32.6.

Forecast for FY27:

Current consensus EPS estimate is 40.1, implying annual growth of 117.9%.
Current consensus DPS estimate is 1.8, implying a prospective dividend yield of 0.3%.
Current consensus EPS estimate suggests the PER is 15.0.

Market Sentiment: 0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

Jarden rates ((PLS)) as Downgrade to Underweight from Neutral (4) –

Jarden downgrades PLS Group to an Underweight rating from Neutral on strict valuation discipline, while lifting its target price to $2.60 from $2.50.

Management alluded to elevated capital expenditure extending through FY27 and beyond, prompting the analysts to bring forward the P2,000 expansion project timeline by two years.

Operations delivered a strong March quarter result, driving a 2% upgrade to near-term earnings forecasts.

Despite robust underlying asset quality, commentary highlights the current share price implies an overly optimistic long-term spodumene concentrate price of $2,000 per tonne, far exceeding the broker’s $1,200 per tonne assumption.

The analysts consequently view the near-term risk-to-reward dynamic as unfavourable following a period of significant stock outperformance within the broader lithium sector.

This report was published on April 24, 2026.

Target price is $2.60 Current Price is $6.11 Difference: minus $3.51 (current price is over target).
If PLS meets the Jarden target it will return approximately minus 57% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $5.54, suggesting downside of -7.6%(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 14.90 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 41.01.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 18.4, implying annual growth of N/A.
Current consensus DPS estimate is 1.5, implying a prospective dividend yield of 0.3%.
Current consensus EPS estimate suggests the PER is 32.6.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 14.30 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 42.73.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 40.1, implying annual growth of 117.9%.
Current consensus DPS estimate is 1.8, implying a prospective dividend yield of 0.3%.
Current consensus EPS estimate suggests the PER is 15.0.

Market Sentiment: 0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

PMT    PMET RESOURCES INC

Mining – Overnight Price: $0.61

Canaccord Genuity rates ((PMT)) as Speculative Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for developer PMET Resources rises by 25c to $1.20. Speculative Buy rating maintained.

This report was published on April 28, 2026.

Target price is $1.20 Current Price is $0.61 Difference: $0.585
If PMT meets the Canaccord Genuity target it will return approximately 95% (excluding dividends, fees and charges).

Forecast for FY26:

Forecast for FY27:

This company reports in CAD. 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

PMV    PREMIER INVESTMENTS LIMITED

Apparel & Footwear – Overnight Price: $12.43

Jarden rates ((PMV)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $15.50 target maintained for Premier Investments.

This report was published on April 21, 2026.

Target price is $15.50 Current Price is $12.43 Difference: $3.07
If PMV meets the Jarden target it will return approximately 25% (excluding dividends, fees and charges).
Current consensus price target is $16.22, suggesting upside of 29.4%(ex-dividends)
The company’s fiscal year ends in July.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 89.20 cents and EPS of 101.70 cents.
At the last closing share price the estimated dividend yield is 7.18%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.22.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 96.7, implying annual growth of -6.8%.
Current consensus DPS estimate is 76.7, implying a prospective dividend yield of 6.1%.
Current consensus EPS estimate suggests the PER is 13.0.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 90.60 cents and EPS of 107.00 cents.
At the last closing share price the estimated dividend yield is 7.29%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.62.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 106.3, implying annual growth of 9.9%.
Current consensus DPS estimate is 81.5, implying a prospective dividend yield of 6.5%.
Current consensus EPS estimate suggests the PER is 11.8.

Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

PNR    PANTORO GOLD LIMITED

Gold & Silver – Overnight Price: $3.38

Moelis rates ((PNR)) as Buy (1) –

Pantoro Gold delivered a production result that fell short of Moelis’ expectations in the March quarter. The broker notes the shortfall was largely because of poor weather, which disrupted flights and open pit mining activities.

Moelis expects a negative reaction from the market to the result in the short term but continues to believe the pullback from the half-year downgrade is an attractive entry point, as the operating headwinds are well understood and largely temporary in nature.

The quality of the Norseman project has not diminished either, commentary assures. Buy rating. Target is $4.90.

This report was published on April 28, 2026.

Target price is $4.90 Current Price is $3.38 Difference: $1.52
If PNR meets the Moelis target it will return approximately 45% (excluding dividends, fees and charges).
Current consensus price target is $6.17, suggesting upside of 88.1%(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 39.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.67.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 48.5, implying annual growth of 227.7%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 6.8.

Forecast for FY27:

Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 57.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 5.93.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 70.7, implying annual growth of 45.8%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 4.6.

Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

POL    POLYMETALS RESOURCES LIMITED

Gold & Silver – Overnight Price: $0.88

Shaw and Partners rates ((POL)) as Initiation of coverage with Buy (1) –

Shaw and Partners initiates coverage on Polymetals Resources with a Buy rating and a $1.62 target price.

The analysts anticipate the newly restarted Endeavor mine will rapidly approach a free cash flow inflection point during 2026, driven by a restructured royalty agreement unlocking the ultra-high-grade Upper North Lode.

By utilising efficient long-hole open stoping techniques, management aims to accelerate early silver output and maintain a highly disciplined unit operating cost structure.

The operation stands as a direct beneficiary of the current structural silver rally, commentary suggests, heavily supported by inelastic global mine supply and soaring industrial demand from the solar photovoltaic sector.

The broker introduces formal earnings models reflecting these robust production dynamics, projecting 18.0 cents of earnings per share for FY26 alongside zero dividends.

This report was published on April 28, 2026.

Target price is $1.62 Current Price is $0.88 Difference: $0.74
If POL meets the Shaw and Partners target it will return approximately 84% (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 18.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 4.89.

Forecast for FY27:

Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of 76.90 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 1.14.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

RGN    REGION GROUP

REITs – Overnight Price: $2.29

Jarden rates ((RGN)) as Neutral (3) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Region Group has a Neutral rating with the target edging down to $2.53 from $2.55.

This report was published on April 22, 2026.

Target price is $2.53 Current Price is $2.29 Difference: $0.24
If RGN meets the Jarden target it will return approximately 10% (excluding dividends, fees and charges).
Current consensus price target is $2.45, suggesting upside of 5.9%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 EPS of 16.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.22.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 15.8, implying annual growth of -13.6%.
Current consensus DPS estimate is 14.1, implying a prospective dividend yield of 6.1%.
Current consensus EPS estimate suggests the PER is 14.6.

Forecast for FY27:

Jarden forecasts a full year FY27 EPS of 16.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.71.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 16.3, implying annual growth of 3.2%.
Current consensus DPS estimate is 14.7, implying a prospective dividend yield of 6.4%.
Current consensus EPS estimate suggests the PER is 14.2.

Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

SCG    SCENTRE GROUP

REITs – Overnight Price: $3.63

Jarden rates ((SCG)) as Upgrade to Overweight from Neutral (2) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Scentre Group’s rating is upgraded to Overweight from Neutral and the target is reduced to $3.92 from $4.15.

This report was published on April 22, 2026.

Target price is $3.92 Current Price is $3.63 Difference: $0.29
If SCG meets the Jarden target it will return approximately 8% (excluding dividends, fees and charges).
Current consensus price target is $3.89, suggesting upside of 5.9%(ex-dividends)
The company’s fiscal year ends in December.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 18.40 cents and EPS of 23.90 cents.
At the last closing share price the estimated dividend yield is 5.07%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.19.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 23.5, implying annual growth of -31.2%.
Current consensus DPS estimate is 18.4, implying a prospective dividend yield of 5.0%.
Current consensus EPS estimate suggests the PER is 15.6.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 18.80 cents and EPS of 23.90 cents.
At the last closing share price the estimated dividend yield is 5.18%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.19.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 24.5, implying annual growth of 4.3%.
Current consensus DPS estimate is 18.8, implying a prospective dividend yield of 5.1%.
Current consensus EPS estimate suggests the PER is 15.0.

Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

SGP    STOCKLAND

Infra & Property Developers – Overnight Price: $4.07

Jarden rates ((SGP)) as Upgrade to Buy from Overweight (1) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Stockland is upgraded to Buy from Overweight, given substantial underperformance observed in the share price, and the target is reduced to $5.60 from $6.40.

This report was published on April 22, 2026.

Target price is $5.60 Current Price is $4.07 Difference: $1.53
If SGP meets the Jarden target it will return approximately 38% (excluding dividends, fees and charges).
Current consensus price target is $4.72, suggesting upside of 15.2%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 25.20 cents and EPS of 36.30 cents.
At the last closing share price the estimated dividend yield is 6.19%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.21.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 36.6, implying annual growth of 5.7%.
Current consensus DPS estimate is 24.9, implying a prospective dividend yield of 6.1%.
Current consensus EPS estimate suggests the PER is 11.2.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 25.20 cents and EPS of 36.50 cents.
At the last closing share price the estimated dividend yield is 6.19%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.15.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 35.5, implying annual growth of -3.0%.
Current consensus DPS estimate is 25.3, implying a prospective dividend yield of 6.2%.
Current consensus EPS estimate suggests the PER is 11.5.

Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

SUL    SUPER RETAIL GROUP LIMITED

Automobiles & Components – Overnight Price: $12.00

Jarden rates ((SUL)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $17.20 target maintained for Super Retail.

This report was published on April 21, 2026.

Target price is $17.20 Current Price is $12.00 Difference: $5.2
If SUL meets the Jarden target it will return approximately 43% (excluding dividends, fees and charges).
Current consensus price target is $14.63, suggesting upside of 21.4%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 71.00 cents and EPS of 96.50 cents.
At the last closing share price the estimated dividend yield is 5.92%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.44.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 95.0, implying annual growth of -3.3%.
Current consensus DPS estimate is 60.8, implying a prospective dividend yield of 5.0%.
Current consensus EPS estimate suggests the PER is 12.7.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 79.00 cents and EPS of 109.10 cents.
At the last closing share price the estimated dividend yield is 6.58%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.00.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 108.2, implying annual growth of 13.9%.
Current consensus DPS estimate is 69.9, implying a prospective dividend yield of 5.8%.
Current consensus EPS estimate suggests the PER is 11.1.

Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

SUN    SUNCORP GROUP LIMITED

Insurance – Overnight Price: $16.77

Jarden rates ((SUN)) as Overweight (2) –

Jarden maintains an Overweight rating for Suncorp Group and lifts its target price to $19.10 from $18.30 following the announcement of a new five-year aggregate reinsurance arrangement.

The strategic purchase fundamentally shifts protection towards cumulative loss coverage, capping natural hazard costs in most scenarios while releasing roughly $100m of capital.

Management is effectively reinvesting margin upside into structural earnings resilience, commentary suggests, though passing these costs through premium rates risks accelerating volume losses as challenger brands gain share across the motor and home segments.

The broker upgrades FY26 earnings estimates by 7.7% due to lower near-term hazard costs, while slightly trimming outer-year forecasts to reflect softer net earned premiums.

The report concludes valuation remains compelling, with the reduced earnings volatility expected to drive a multiple re-rating closer to primary peer Insurance Australia Group ((IAG)).

This report was published on April 24, 2026.

Target price is $19.10 Current Price is $16.77 Difference: $2.33
If SUN meets the Jarden target it will return approximately 14% (excluding dividends, fees and charges).
Current consensus price target is $18.99, suggesting upside of 10.6%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 61.40 cents and EPS of 88.00 cents.
At the last closing share price the estimated dividend yield is 3.66%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.06.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 87.5, implying annual growth of -37.6%.
Current consensus DPS estimate is 63.5, implying a prospective dividend yield of 3.7%.
Current consensus EPS estimate suggests the PER is 19.6.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 83.50 cents and EPS of 120.80 cents.
At the last closing share price the estimated dividend yield is 4.98%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.88.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 120.2, implying annual growth of 37.4%.
Current consensus DPS estimate is 85.9, implying a prospective dividend yield of 5.0%.
Current consensus EPS estimate suggests the PER is 14.3.

Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

TPW    TEMPLE & WEBSTER GROUP LIMITED

Furniture & Renovation – Overnight Price: $5.83

Jarden rates ((TPW)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $10.90 target maintained for Temple & Webster.

This report was published on April 21, 2026.

Target price is $10.90 Current Price is $5.83 Difference: $5.07
If TPW meets the Jarden target it will return approximately 87% (excluding dividends, fees and charges).
Current consensus price target is $14.40, suggesting upside of 146.2%(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 8.60 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 67.79.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 9.6, implying annual growth of 0.8%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 60.9.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 15.30 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 38.10.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 17.3, implying annual growth of 80.2%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 33.8.

Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

UNI    UNIVERSAL STORE HOLDINGS LIMITED

Apparel & Footwear – Overnight Price: $7.35

Jarden rates ((UNI)) as Overweight (2) –

Jarden observes like-for-like sales growth has started to slow for retailers amid cost pressures that are building.

The broker attempts to quantify the FY27 outlook for sales, gross margins and the cost of doing business as well as to assess just how much negativity is already priced into small-cap retail valuations.

Jarden concludes that valuations are now discounting a meaningful FY27 downturn and higher costs growth, so the risk/reward has improved and investors should start to become less bearish about the sector.

The broker remains cautious, as prior cycles have signalled like-for-like sales could fall more than currently priced in, and for a longer duration than 12 months. Overweight rating and $10 target maintained for Universal Store.

This report was published on April 21, 2026.

Target price is $10.00 Current Price is $7.35 Difference: $2.65
If UNI meets the Jarden target it will return approximately 36% (excluding dividends, fees and charges).
Current consensus price target is $10.28, suggesting upside of 38.7%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 43.00 cents and EPS of 51.80 cents.
At the last closing share price the estimated dividend yield is 5.85%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.19.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 51.9, implying annual growth of 70.9%.
Current consensus DPS estimate is 40.4, implying a prospective dividend yield of 5.5%.
Current consensus EPS estimate suggests the PER is 14.3.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 48.20 cents and EPS of 57.40 cents.
At the last closing share price the estimated dividend yield is 6.56%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.80.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 57.3, implying annual growth of 10.4%.
Current consensus DPS estimate is 46.2, implying a prospective dividend yield of 6.2%.
Current consensus EPS estimate suggests the PER is 12.9.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

VCX    VICINITY CENTRES

REITs – Overnight Price: $2.49

Jarden rates ((VCX)) as Downgrade to Underweight from Neutral (4) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Rating is downgraded to Underweight from Neutral for Vicinity Centres on performance and valuation, while the target is reduced to $2.65 from $2.75.

This report was published on April 22, 2026.

Target price is $2.65 Current Price is $2.49 Difference: $0.16
If VCX meets the Jarden target it will return approximately 6% (excluding dividends, fees and charges).
Current consensus price target is $2.53, suggesting upside of 1.2%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 12.60 cents and EPS of 15.20 cents.
At the last closing share price the estimated dividend yield is 5.06%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.38.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 15.4, implying annual growth of -30.2%.
Current consensus DPS estimate is 12.9, implying a prospective dividend yield of 5.2%.
Current consensus EPS estimate suggests the PER is 16.2.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 13.20 cents and EPS of 15.80 cents.
At the last closing share price the estimated dividend yield is 5.30%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.76.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 16.3, implying annual growth of 5.8%.
Current consensus DPS estimate is 13.0, implying a prospective dividend yield of 5.2%.
Current consensus EPS estimate suggests the PER is 15.3.

Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

VUL    VULCAN ENERGY RESOURCES LIMITED

New Battery Elements – Overnight Price: $3.86

Canaccord Genuity rates ((VUL)) as Speculative Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for developer Vulcan Energy Resources remains at $10.75. Speculative Buy rating maintained.

This report was published on April 22, 2026.

Target price is $10.75 Current Price is $3.86 Difference: $6.89
If VUL meets the Canaccord Genuity target it will return approximately 178% (excluding dividends, fees and charges).
The company’s fiscal year ends in December.

Forecast for FY25:

Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents.

Forecast for FY26:

Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents.

This company reports in EUR. 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

WC8    WILDCAT RESOURCES LIMITED

New Battery Elements – Overnight Price: $0.54

Canaccord Genuity rates ((WC8)) as Speculative Buy (1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

The target for developer Wildcat Resources rises by 35c to $1.10. Speculative Buy rating maintained.

This report was published on April 22, 2026.

Target price is $1.10 Current Price is $0.54 Difference: $0.56
If WC8 meets the Canaccord Genuity target it will return approximately 104% (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

WPR    WAYPOINT REIT LIMITED

REITs – Overnight Price: $2.44

Jarden rates ((WPR)) as Neutral (3) –

Jarden updates forecasts and valuations for the A-REIT sector amid significant volatility in interest rates, which is expected to continue over the course of 2026.

The broker takes a more conservative approach to forecasts now, based on higher interest rates and revised operating and valuation assumptions.

Although investors may be reluctant to “stand in front of increasing interest rates” sufficient conservatism has been priced into the sector, Jarden asserts.

Waypoint REIT has a Neutral rating with the target slipping to $2.71 from $2.77.

This report was published on April 22, 2026.

Target price is $2.71 Current Price is $2.44 Difference: $0.27
If WPR meets the Jarden target it will return approximately 11% (excluding dividends, fees and charges).
Current consensus price target is $2.48, suggesting upside of 0.9%(ex-dividends)
The company’s fiscal year ends in December.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 17.10 cents and EPS of 17.10 cents.
At the last closing share price the estimated dividend yield is 7.01%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.27.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 17.1, implying annual growth of -43.4%.
Current consensus DPS estimate is 16.8, implying a prospective dividend yield of 6.8%.
Current consensus EPS estimate suggests the PER is 14.4.

Forecast for FY27:

Jarden forecasts a full year FY27 dividend of 17.60 cents and EPS of 17.60 cents.
At the last closing share price the estimated dividend yield is 7.21%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.86.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 17.4, implying annual growth of 1.8%.
Current consensus DPS estimate is 16.8, implying a prospective dividend yield of 6.8%.
Current consensus EPS estimate suggests the PER is 14.1.

Market Sentiment: -0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

WR1    WINSOME RESOURCES LIMITED

New Battery Elements – Overnight Price: $0.48

Canaccord Genuity rates ((WR1)) as No Rating (-1) –

Canaccord Genuity expects persistent lithium market deficits to 2035, supported by stronger battery energy storage system (BESS) demand, supply disruptions and an oil-price shock accelerating electric vehicle (EV) adoption.

BESS growth underpins the analysts’ positive long-term demand outlook.

The broker cuts its 2026-2028 EV sales forecasts by -4%, but lifts longer-term forecasts by 5%. New long-term lithium price forecasts rise by up to 20%, reflecting higher incentive pricing required amid rising capital intensity.

Near-term lithium price forecasts are tempered, due to expected supply responses into 2027, the broker explains.

On average, Canaccord lifts its producer/developer targets by 15% and 8%, respectively.

Canaccord Genuity is currently under research restriction for Winsome Resources, so no price target or rating are provided. Previously the target was 75c alongside a Buy rating.

This report was published on April 22, 2026.

Target price is $0.75 Current Price is $0.48 Difference: $0.27
If WR1 meets the Canaccord Genuity target it will return approximately 56% (excluding dividends, fees and charges).

All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

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