Australian Broker Call
Produced and copyrighted by 
at www.fnarena.com
June 27, 2024
Access Broker Call Report Archives here
COMPANIES DISCUSSED IN THIS ISSUE
Click on symbol for fast access.
The number next to the symbol represents the number of brokers covering it for this report -(if more than 1).
Last Updated: 05:00 PM
Your daily news report on the latest recommendation, valuation, forecast and opinion changes.
This report includes concise but limited reviews of research recently published by Stockbrokers, 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.
For more info about the different terms used by stockbrokers, as well as the different methodologies behind similar sounding ratings, download our guide HERE
Today's Upgrades and Downgrades
| PDN - | Paladin Energy | Upgrade to Buy from Hold | Bell Potter |
Overnight Price: $0.41
Ord Minnett rates 29M as Accumulate (2) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows 29Metals is now rated Accumulate, with a price target of $0.75.
Target price is $0.75 Current Price is $0.41 Difference: $0.34
If 29M meets the Ord Minnett target it will return approximately 83% (excluding dividends, fees and charges).
Current consensus price target is $0.58, suggesting upside of 38.1% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is -7.4, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Forecast for FY25:
Current consensus EPS estimate is 3.7, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 11.4. |
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $15.85
Ord Minnett rates 360 as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
Life360 is rated Buy, with a price target of $16.42.
Ord Minnett's key sector preferences are Cosol, Hansen Technologies, Life360, NextDC, Seek, SiteMinder and Xero.
Target price is $16.42 Current Price is $15.85 Difference: $0.57
If 360 meets the Ord Minnett target it will return approximately 4% (excluding dividends, fees and charges).
Current consensus price target is $17.22, suggesting upside of 7.1% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 31.4, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 51.2. |
Forecast for FY25:
Current consensus EPS estimate is 58.6, implying annual growth of 86.6%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 27.4. |
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $6.59
Citi rates A2M as Buy (1) -
Citi highlights a potential upside event within 30-days for a2 Milk Co, due to a vote on a critical loan for Synlait Milk ((SM1)), the company's primary supplier.
At the upcoming July 11 resolution for a NZ$130m loan from Bright Dairy to Synlait, Citi envisages an outcome whereby a2 Milk Co shareholders benefit from the company supporting the resolution in lieu of Synlait cancelling the exclusivity agreement with the company, which is in dispute.
The broker is optimistic about a2 Milk Co's market share gains through new product development and a stronger supply chain partnership with Yashilli.
Buy rating and $7.85 target.
Target price is $7.85 Current Price is $6.59 Difference: $1.26
If A2M meets the Citi target it will return approximately 19% (excluding dividends, fees and charges).
Current consensus price target is $6.54, suggesting downside of -1.2% (ex-dividends)
The company's fiscal year ends in June.
Forecast for FY24:
Citi forecasts a full year FY24 dividend of 0.00 cents and EPS of 22.48 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 21.5, implying annual growth of N/A. Current consensus DPS estimate is 0.9, implying a prospective dividend yield of 0.1%. Current consensus EPS estimate suggests the PER is 30.8. |
Forecast for FY25:
Citi forecasts a full year FY25 dividend of 0.00 cents and EPS of 27.75 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 25.6, implying annual growth of 19.1%. Current consensus DPS estimate is 4.6, implying a prospective dividend yield of 0.7%. Current consensus EPS estimate suggests the PER is 25.9. |
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $50.02
Citi rates ALL as Buy (1) -
Citi reinforces a positive view on Aristocrat Leisure following management's new US$1bn five-year revenue target for Interactive and the pathway for achieving the goal.
The analyst emphasises the target is almost twice the Citi forecast at US$590m and versus the consensus estimate at US$680m.
Importantly, the broker states, the new target is not dependent on more US states legalising iGaming over the five year period.
Management did not provide further details on the Digital strategic review and Citi estimates the company has capacity for a further $600m in capital management.
The broker's forecasts are unchanged. Target $53 and Buy rating retained.
Target price is $53.00 Current Price is $50.02 Difference: $2.98
If ALL meets the Citi target it will return approximately 6% (excluding dividends, fees and charges).
Current consensus price target is $53.05, suggesting upside of 7.6% (ex-dividends)
The company's fiscal year ends in September.
Forecast for FY24:
Citi forecasts a full year FY24 dividend of 77.00 cents and EPS of 233.40 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 234.9, implying annual growth of 5.6%. Current consensus DPS estimate is 74.1, implying a prospective dividend yield of 1.5%. Current consensus EPS estimate suggests the PER is 21.0. |
Forecast for FY25:
Citi forecasts a full year FY25 dividend of 81.00 cents and EPS of 244.60 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 256.5, implying annual growth of 9.2%. Current consensus DPS estimate is 81.1, implying a prospective dividend yield of 1.6%. Current consensus EPS estimate suggests the PER is 19.2. |
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Macquarie rates ALL as Outperform (1) -
Macquarie lifts earnings forecasts for Aristocrat Leisure across FY24-26 after the company's investor day due to the revenue opportunities within Interactive.
The day highlighted to the analyst medium-term market-share gain opportunities across all three operating businesses - Gaming, Social Casino and Interactive.
The broker believes the FY29 US$1bn Interactive revenue target is achievable, which would then generate around 16% of group earnings (EBITA), or between US$400-500m.
The broker's target rises to $55 from $50.50 and the Outperform rating remains.
Target price is $55.00 Current Price is $50.02 Difference: $4.98
If ALL meets the Macquarie target it will return approximately 10% (excluding dividends, fees and charges).
Current consensus price target is $53.05, suggesting upside of 7.6% (ex-dividends)
The company's fiscal year ends in September.
Forecast for FY24:
Macquarie forecasts a full year FY24 dividend of 77.50 cents and EPS of 244.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 234.9, implying annual growth of 5.6%. Current consensus DPS estimate is 74.1, implying a prospective dividend yield of 1.5%. Current consensus EPS estimate suggests the PER is 21.0. |
Forecast for FY25:
Macquarie forecasts a full year FY25 dividend of 87.50 cents and EPS of 273.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 256.5, implying annual growth of 9.2%. Current consensus DPS estimate is 81.1, implying a prospective dividend yield of 1.6%. Current consensus EPS estimate suggests the PER is 19.2. |
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Morgan Stanley rates ALL as Overweight (1) -
At Aristocrat Leisure's investor day, management set a US$1bn revenue aspiration in Interactive by FY29. This compares to the FY29 consensus estimate for US$681m, highlights Morgan Stanley.
As a result of this new target, the broker has increased confidence in growth options for the company and raises the target to $52.30 from $49.50, after increasing the assumed valuation multiple.
The Overweight rating is kept. Industry View: In-Line.
Target price is $52.30 Current Price is $50.02 Difference: $2.28
If ALL meets the Morgan Stanley target it will return approximately 5% (excluding dividends, fees and charges).
Current consensus price target is $53.05, suggesting upside of 7.6% (ex-dividends)
The company's fiscal year ends in September.
Forecast for FY24:
Morgan Stanley forecasts a full year FY24 dividend of 70.00 cents and EPS of 229.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 234.9, implying annual growth of 5.6%. Current consensus DPS estimate is 74.1, implying a prospective dividend yield of 1.5%. Current consensus EPS estimate suggests the PER is 21.0. |
Forecast for FY25:
Morgan Stanley forecasts a full year FY25 dividend of 75.00 cents and EPS of 248.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 256.5, implying annual growth of 9.2%. Current consensus DPS estimate is 81.1, implying a prospective dividend yield of 1.6%. Current consensus EPS estimate suggests the PER is 19.2. |
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Ord Minnett rates ALL as Hold (3) -
Ord Minnett observes management revealed at the Aristocrat Leisure investor day a robust growth strategy, particularly in the Interactive division, aiming for over US$1bn in revenue by FY29.
The broker reflects on the growth rate which under the target would compound at around 20% p.a..
Key growth areas include iLottery and Content, with the US market expected to drive expansion, the analyst highlights.
The broker notes Aristocrat's technological edge through NeoGames, aiding customer retention in the iLottery sector.
The target is unchanged at Hold with a $52 target price.
Target price is $52.00 Current Price is $50.02 Difference: $1.98
If ALL meets the Ord Minnett target it will return approximately 4% (excluding dividends, fees and charges).
Current consensus price target is $53.05, suggesting upside of 7.6% (ex-dividends)
The company's fiscal year ends in September.
Forecast for FY24:
Ord Minnett forecasts a full year FY24 dividend of 70.00 cents and EPS of 240.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 234.9, implying annual growth of 5.6%. Current consensus DPS estimate is 74.1, implying a prospective dividend yield of 1.5%. Current consensus EPS estimate suggests the PER is 21.0. |
Forecast for FY25:
Ord Minnett forecasts a full year FY25 dividend of 80.00 cents and EPS of 270.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 256.5, implying annual growth of 9.2%. Current consensus DPS estimate is 81.1, implying a prospective dividend yield of 1.6%. Current consensus EPS estimate suggests the PER is 19.2. |
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
UBS rates ALL as Buy (1) -
UBS shared four key points from the Aristocrat Leisure Investor Day.
Management is targeting the Interactive business revenue to reach at least US$1bn by FY29, using various growth strategies, including winning iLottery tenders and expanding content in Europe.
The broker notes iLottery is highlighted as a significant focus, with Aristocrat serving around 50% of the US market which offers instant tickets.
Management also highlighted an emphasis towards an omni-channel approach, integrating land-based, iGaming, and social segments to enhance commercialisation and investment in development and design, the analyst states.
No changes in guidance or the UBS earnings forecasts. Buy rating with a $56 target price.
Target price is $56.00 Current Price is $50.02 Difference: $5.98
If ALL meets the UBS target it will return approximately 12% (excluding dividends, fees and charges).
Current consensus price target is $53.05, suggesting upside of 7.6% (ex-dividends)
The company's fiscal year ends in September.
Forecast for FY24:
UBS forecasts a full year FY24 EPS of 239.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 234.9, implying annual growth of 5.6%. Current consensus DPS estimate is 74.1, implying a prospective dividend yield of 1.5%. Current consensus EPS estimate suggests the PER is 21.0. |
Forecast for FY25:
UBS forecasts a full year FY25 EPS of 259.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 256.5, implying annual growth of 9.2%. Current consensus DPS estimate is 81.1, implying a prospective dividend yield of 1.6%. Current consensus EPS estimate suggests the PER is 19.2. |
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $1.67
Ord Minnett rates AWC as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Alumina Ltd is now rated Buy, with a price target of $2.00.
Target price is $2.00 Current Price is $1.67 Difference: $0.33
If AWC meets the Ord Minnett target it will return approximately 20% (excluding dividends, fees and charges).
Current consensus price target is $1.66, suggesting downside of -0.4% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 4.9, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 34.1. |
Forecast for FY25:
Current consensus EPS estimate is 9.3, implying annual growth of 89.8%. Current consensus DPS estimate is 5.2, implying a prospective dividend yield of 3.1%. Current consensus EPS estimate suggests the PER is 18.0. |
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
BBN BABY BUNTING GROUP LIMITED
Apparel & Footwear
More Research Tools In Stock Analysis - click HERE
Overnight Price: $1.24
Citi rates BBN as Neutral (3) -
In a trading update prior to today's strategy day hosted by Baby Bunting, management reiterated FY24 underlying NPAT guidance.
Citi's first impressions were reasonably positive with like-for-like (LFL) sales coming in above expectations (albeit still negative) and management tapping bank support to assist with a turnaround.
Also, a medium-term gross margin target was set well above the consensus estimate, observe the analysts, suggesting significant potential upside to medium-term forecasts.
In the period May 1 to June 24, LFL sales momentum has improved to -0.7% from -7.7% for the period January to April 2024 and has been -5.6% for the 2H-to-date due to product, customer acquisition, and promotional changes, according to management.
Target $1.59. Neutral.
Target price is $1.59 Current Price is $1.24 Difference: $0.355
If BBN meets the Citi target it will return approximately 29% (excluding dividends, fees and charges).
Current consensus price target is $1.66, suggesting upside of 13.6% (ex-dividends)
The company's fiscal year ends in June.
Forecast for FY24:
Citi forecasts a full year FY24 dividend of 1.80 cents and EPS of 2.30 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 3.9, implying annual growth of -47.0%. Current consensus DPS estimate is 3.0, implying a prospective dividend yield of 2.1%. Current consensus EPS estimate suggests the PER is 37.4. |
Forecast for FY25:
Citi forecasts a full year FY25 dividend of 4.70 cents and EPS of 6.70 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 8.6, implying annual growth of 120.5%. Current consensus DPS estimate is 5.8, implying a prospective dividend yield of 4.0%. Current consensus EPS estimate suggests the PER is 17.0. |
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $1.72
Ord Minnett rates BGL as Accumulate (2) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Bellevue Gold is now rated Accumulate, with a price target of $1.85.
Target price is $1.85 Current Price is $1.72 Difference: $0.13
If BGL meets the Ord Minnett target it will return approximately 8% (excluding dividends, fees and charges).
Current consensus price target is $2.08, suggesting upside of 19.0% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 6.8, 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 25.7. |
Forecast for FY25:
Current consensus EPS estimate is 18.6, implying annual growth of 173.5%. Current consensus DPS estimate is 9.0, implying a prospective dividend yield of 5.1%. Current consensus EPS estimate suggests the PER is 9.4. |
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $43.34
Macquarie rates BHP as Neutral (3) -
Following an investor roundtable on decarbonisation hosted by BHP Group, Macquarie notes the FY30 scope 1 & 2 emissions reduction target is on track.
Because diesel represents circa 62% of operational emissions, diesel displacement is the key to achieving net zero by 2050 suggests the broker.
The Neutral rating and $43 target are retained.
Target price is $43.00 Current Price is $43.34 Difference: minus $0.34 (current price is over target).
If BHP meets the Macquarie target it will return approximately minus 1% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Current consensus price target is $46.08, suggesting upside of 7.0% (ex-dividends)
The company's fiscal year ends in June.
Forecast for FY24:
Macquarie forecasts a full year FY24 dividend of 225.68 cents and EPS of 383.04 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 397.9, implying annual growth of N/A. Current consensus DPS estimate is 226.2, implying a prospective dividend yield of 5.3%. Current consensus EPS estimate suggests the PER is 10.8. |
Forecast for FY25:
Macquarie forecasts a full year FY25 dividend of 263.80 cents and EPS of 406.68 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 428.5, implying annual growth of 7.7%. Current consensus DPS estimate is 244.6, implying a prospective dividend yield of 5.7%. Current consensus EPS estimate suggests the PER is 10.0. |
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Ord Minnett rates BHP as Accumulate (2) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows BHP Group is now rated Accumulate, with a price target of $45.
Target price is $45.00 Current Price is $43.34 Difference: $1.66
If BHP meets the Ord Minnett target it will return approximately 4% (excluding dividends, fees and charges).
Current consensus price target is $46.08, suggesting upside of 7.0% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 397.9, implying annual growth of N/A. Current consensus DPS estimate is 226.2, implying a prospective dividend yield of 5.3%. Current consensus EPS estimate suggests the PER is 10.8. |
Forecast for FY25:
Current consensus EPS estimate is 428.5, implying annual growth of 7.7%. Current consensus DPS estimate is 244.6, implying a prospective dividend yield of 5.7%. Current consensus EPS estimate suggests the PER is 10.0. |
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
C79 CHRYSOS CORP. LIMITED
Mining Sector Contracting
More Research Tools In Stock Analysis - click HERE
Overnight Price: $5.65
Ord Minnett rates C79 as Accumulate (2) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
Chrysos is rated Accumulate, with a price target of $7.55.
Target price is $7.55 Current Price is $5.65 Difference: $1.9
If C79 meets the Ord Minnett target it will return approximately 34% (excluding dividends, fees and charges).
Current consensus price target is $7.55, suggesting upside of 32.9% (ex-dividends)
The company's fiscal year ends in June.
Forecast for FY24:
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of minus 4.10 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is -3.4, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Forecast for FY25:
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of 4.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 3.1, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 183.2. |
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
CAR CAR GROUP LIMITED
Online media & mobile platforms
More Research Tools In Stock Analysis - click HERE
Overnight Price: $34.95
Ord Minnett rates CAR as Accumulate (2) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
CAR Group is now rated Accumulate, with a price target of $39.
Target price is $39.00 Current Price is $34.95 Difference: $4.05
If CAR meets the Ord Minnett target it will return approximately 12% (excluding dividends, fees and charges).
Current consensus price target is $36.18, suggesting upside of 3.3% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 87.9, implying annual growth of -51.5%. Current consensus DPS estimate is 71.2, implying a prospective dividend yield of 2.0%. Current consensus EPS estimate suggests the PER is 39.9. |
Forecast for FY25:
Current consensus EPS estimate is 101.0, implying annual growth of 14.9%. Current consensus DPS estimate is 80.0, implying a prospective dividend yield of 2.3%. Current consensus EPS estimate suggests the PER is 34.7. |
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $3.38
Citi rates CLW as Neutral (3) -
Citi observes the asset sale program is largely complete for Charter Hall Long WALE REIT resulting in $684.5m of sales proceeds, reducing gearing to 36.4% from 41.2%.
The broker highlights the asset sales were executed at large discounts to book values, implying significant valuation declines and believes there is potential downside to earnings in FY26 as debt costs reset to market levels.
Earnings estimates for FY24 and FY25 are tweaked by -0.2% and -3.1% by the analyst.
Target price lowered to $3.50 from $3.90. Neutral rating unchanged.
Target price is $3.50 Current Price is $3.38 Difference: $0.12
If CLW meets the Citi target it will return approximately 4% (excluding dividends, fees and charges).
Current consensus price target is $3.78, suggesting upside of 15.4% (ex-dividends)
The company's fiscal year ends in June.
Forecast for FY24:
Citi forecasts a full year FY24 dividend of 26.00 cents and EPS of 26.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 26.0, implying annual growth of N/A. Current consensus DPS estimate is 26.0, implying a prospective dividend yield of 7.9%. Current consensus EPS estimate suggests the PER is 12.6. |
Forecast for FY25:
Citi forecasts a full year FY25 dividend of 26.20 cents and EPS of 26.20 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 26.4, implying annual growth of 1.5%. Current consensus DPS estimate is 26.4, implying a prospective dividend yield of 8.0%. Current consensus EPS estimate suggests the PER is 12.4. |
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $4.67
Ord Minnett rates CMM as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Capricorn Metals is now rated Buy, with a price target of $5.70.
Target price is $5.70 Current Price is $4.67 Difference: $1.03
If CMM meets the Ord Minnett target it will return approximately 22% (excluding dividends, fees and charges).
Current consensus price target is $5.78, suggesting upside of 21.1% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 21.5, implying annual growth of 1722.0%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 22.2. |
Forecast for FY25:
Current consensus EPS estimate is 40.7, implying annual growth of 89.3%. Current consensus DPS estimate is 2.0, implying a prospective dividend yield of 0.4%. Current consensus EPS estimate suggests the PER is 11.7. |
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $1.27
Ord Minnett rates COS as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
Cosol is rated Buy, with a price target of $1.33.
Ord Minnett's key sector preferences are Cosol, Hansen Technologies, Life360, NextDC, Seek, SiteMinder and Xero.
Target price is $1.33 Current Price is $1.27 Difference: $0.06
If COS meets the Ord Minnett target it will return approximately 5% (excluding dividends, fees and charges).
The company's fiscal year ends in June.
Forecast for FY24:
Ord Minnett forecasts a full year FY24 dividend of 2.60 cents and EPS of 5.60 cents. |
Forecast for FY25:
Ord Minnett forecasts a full year FY25 dividend of 3.50 cents and EPS of 6.90 cents. |
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $1.08
Ord Minnett rates DEG as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows De Grey Mining is now rated Buy, with a price target of $1.60.
Target price is $1.60 Current Price is $1.08 Difference: $0.52
If DEG meets the Ord Minnett target it will return approximately 48% (excluding dividends, fees and charges).
Current consensus price target is $1.82, suggesting upside of 66.5% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 0.3, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 363.3. |
Forecast for FY25:
Current consensus EPS estimate is 0.2, implying annual growth of -33.3%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 545.0. |
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $4.02
Ord Minnett rates DRR as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Deterra Royalties is now rated Buy, with a price target of $4.80.
Target price is $4.80 Current Price is $4.02 Difference: $0.78
If DRR meets the Ord Minnett target it will return approximately 19% (excluding dividends, fees and charges).
Current consensus price target is $4.37, suggesting upside of 9.0% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 32.3, implying annual growth of 12.0%. Current consensus DPS estimate is 31.5, implying a prospective dividend yield of 7.9%. Current consensus EPS estimate suggests the PER is 12.4. |
Forecast for FY25:
Current consensus EPS estimate is 33.9, implying annual growth of 5.0%. Current consensus DPS estimate is 23.9, implying a prospective dividend yield of 6.0%. Current consensus EPS estimate suggests the PER is 11.8. |
Market Sentiment: 0.2
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $2.72
Ord Minnett rates DSE as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
Dropsuite is rated Buy, with a price target of $3.38.
Target price is $3.38 Current Price is $2.72 Difference: $0.66
If DSE meets the Ord Minnett target it will return approximately 24% (excluding dividends, fees and charges).
The company's fiscal year ends in December.
Forecast for FY24:
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of 4.60 cents. |
Forecast for FY25:
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of 7.80 cents. |
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Citi rates DXS as Neutral (3) -
Citi believes the recent sale of Dexus and CPPIB's joint half stake in 5 Martin Place at a 6.1% cap rate for $310m, indicates potential further write-downs in office portfolio valuations.
The broker highlights the recent Dexus portfolio write-down of -11.3%, leading to an office portfolio cap rate of 6.01%.
While pointing to Increased liquidity in the office sector as positive, the analyst's view on cap rates suggest further write-downs in the June and December 2024 results could be forthcoming.
Neutral rating and $8.20 target maintained.
Target price is $8.20 Current Price is $6.76 Difference: $1.44
If DXS meets the Citi target it will return approximately 21% (excluding dividends, fees and charges).
Current consensus price target is $8.64, suggesting upside of 34.2% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 60.5, implying annual growth of N/A. Current consensus DPS estimate is 48.3, implying a prospective dividend yield of 7.5%. Current consensus EPS estimate suggests the PER is 10.6. |
Forecast for FY25:
Current consensus EPS estimate is 63.2, implying annual growth of 4.5%. Current consensus DPS estimate is 49.8, implying a prospective dividend yield of 7.7%. Current consensus EPS estimate suggests the PER is 10.2. |
Market Sentiment: 0.2
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $3.36
Ord Minnett rates EMR as Hold (3) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Emerald Resources is now rated Hold, with a price target of $3.40.
Target price is $3.40 Current Price is $3.36 Difference: $0.04
If EMR meets the Ord Minnett target it will return approximately 1% (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
Overnight Price: $21.63
Ord Minnett rates FMG as Accumulate (2) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Fortescue is now rated Accumulate, with a price target of $21.
Target price is $21.00 Current Price is $21.63 Difference: minus $0.63 (current price is over target).
If FMG meets the Ord Minnett target it will return approximately minus 3% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Current consensus price target is $20.48, suggesting downside of -5.5% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 304.3, implying annual growth of N/A. Current consensus DPS estimate is 225.4, implying a prospective dividend yield of 10.4%. Current consensus EPS estimate suggests the PER is 7.1. |
Forecast for FY25:
Current consensus EPS estimate is 246.8, implying annual growth of -18.9%. Current consensus DPS estimate is 187.2, implying a prospective dividend yield of 8.6%. Current consensus EPS estimate suggests the PER is 8.8. |
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: -0.5
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
GL1 GLOBAL LITHIUM RESOURCES LIMITED
New Battery Elements
More Research Tools In Stock Analysis - click HERE
Overnight Price: $0.28
Ord Minnett rates GL1 as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Global Lithium Resources is now rated Buy, with a price target of $1.30.
Target price is $1.30 Current Price is $0.28 Difference: $1.025
If GL1 meets the Ord Minnett target it will return approximately 373% (excluding dividends, fees and charges).
Current consensus price target is $1.27, suggesting upside of 352.4% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is -3.1, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Forecast for FY25:
Current consensus EPS estimate is -4.5, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $1.48
Citi rates HLS as Sell (5) -
Citi is next in line to downgrade earnings forecasts for Healius post the management report of ongoing underperformance of the pathology division, partially offset by -$4m lower depreciation and amortisation charges.
The broker notes that Imaging and Agilex are meeting company expectations, while pathology volume growth recorded 4% in Jan-May, but profitability was impacted by lower-than-expected average fees and cost inflation.
Citi lowers earnings estimates in line with the management downgrade by -46% for FY24 and -33.6% for FY25.
The Sell rating and target price of $1.10 are retained.
Target price is $1.10 Current Price is $1.48 Difference: minus $0.38 (current price is over target).
If HLS meets the Citi target it will return approximately minus 26% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Current consensus price target is $1.57, suggesting upside of 7.1% (ex-dividends)
The company's fiscal year ends in June.
Forecast for FY24:
Citi forecasts a full year FY24 dividend of 0.00 cents and EPS of minus 0.60 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is -0.3, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Forecast for FY25:
Citi forecasts a full year FY25 dividend of 0.00 cents and EPS of 2.90 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 4.4, implying annual growth of N/A. Current consensus DPS estimate is 2.2, implying a prospective dividend yield of 1.5%. Current consensus EPS estimate suggests the PER is 33.4. |
Market Sentiment: -0.2
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $4.42
Ord Minnett rates HSN as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
Hansen Technologies is rated Buy, with a price target of $6.80.
Ord Minnett's key sector preferences are Cosol, Hansen Technologies, Life360, NextDC, Seek, SiteMinder and Xero.
Target price is $6.80 Current Price is $4.42 Difference: $2.38
If HSN meets the Ord Minnett target it will return approximately 54% (excluding dividends, fees and charges).
Current consensus price target is $6.58, suggesting upside of 46.8% (ex-dividends)
The company's fiscal year ends in June.
Forecast for FY24:
Ord Minnett forecasts a full year FY24 dividend of 10.00 cents and EPS of 22.80 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 22.5, implying annual growth of 6.4%. Current consensus DPS estimate is 9.6, implying a prospective dividend yield of 2.1%. Current consensus EPS estimate suggests the PER is 19.9. |
Forecast for FY25:
Ord Minnett forecasts a full year FY25 dividend of 12.00 cents and EPS of 26.30 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 25.4, implying annual growth of 12.9%. Current consensus DPS estimate is 10.5, implying a prospective dividend yield of 2.3%. Current consensus EPS estimate suggests the PER is 17.6. |
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $5.91
Ord Minnett rates IGO as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows IGO is now rated Buy, with a price target of $9.00.
Target price is $9.00 Current Price is $5.91 Difference: $3.09
If IGO meets the Ord Minnett target it will return approximately 52% (excluding dividends, fees and charges).
Current consensus price target is $7.10, suggesting upside of 21.0% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 68.0, implying annual growth of -6.2%. Current consensus DPS estimate is 14.7, implying a prospective dividend yield of 2.5%. Current consensus EPS estimate suggests the PER is 8.6. |
Forecast for FY25:
Current consensus EPS estimate is 28.9, implying annual growth of -57.5%. Current consensus DPS estimate is 11.9, implying a prospective dividend yield of 2.0%. Current consensus EPS estimate suggests the PER is 20.3. |
Market Sentiment: -0.2
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $6.58
Ord Minnett rates ILU as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Iluka Resources is now rated Buy, with a price target of $8.00.
Target price is $8.00 Current Price is $6.58 Difference: $1.42
If ILU meets the Ord Minnett target it will return approximately 22% (excluding dividends, fees and charges).
Current consensus price target is $7.44, suggesting upside of 12.0% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 47.8, implying annual growth of -40.6%. Current consensus DPS estimate is 8.8, implying a prospective dividend yield of 1.3%. Current consensus EPS estimate suggests the PER is 13.9. |
Forecast for FY25:
Current consensus EPS estimate is 71.9, implying annual growth of 50.4%. Current consensus DPS estimate is 16.8, implying a prospective dividend yield of 2.5%. Current consensus EPS estimate suggests the PER is 9.2. |
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
IMR IMRICOR MEDICAL SYSTEMS INC
Medical Equipment & Devices
More Research Tools In Stock Analysis - click HERE
Overnight Price: $0.50
Morgans rates IMR as Speculative Buy (1) -
Morgans highlights three positive announcements over the last week for Imricor Medical Systems.
Firstly, the initial iCMR-guided atrial flutter ablation has commenced at Dubrava University Hospital in Croatia with additional
procedures scheduled on a regular basis.
Also, the US trial for atrial flutter (known as VISABLAFL) commenced with two procedures performed at the Cardiovascular
Institute of South Paris, notes the broker.
Finally, the analysts highlight Imricor Medical Systems has been awarded a public tender for procurement of an “iCMR electrophysiology system” by Semmelweis University in Hungary. This award included capital equipment and consumables for 15 procedures.
Speculative Buy rating and 96c target price unchanged.
Target price is $0.96 Current Price is $0.50 Difference: $0.46
If IMR meets the Morgans target it will return approximately 92% (excluding dividends, fees and charges).
The company's fiscal year ends in December.
Forecast for FY24:
Morgans forecasts a full year FY24 dividend of 0.00 cents and EPS of minus 10.67 cents. |
Forecast for FY25:
Morgans forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 7.62 cents. |
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
Overnight Price: $1.80
Morgans rates KAR as Add (1) -
In a much needed confidence boost, according to Morgans, Karoon Energy has provided a reassuring operational update showing real progress toward correcting operational issues.
In particular, the development of the Who Dat joint venture relationship appears solid to the analysts, in line with management commentary.
The broker's Add rating and $2.60 target are maintained. It's felt the current share price implies dilution risk, perhaps reflecting
concerns around a third acquisition in the short-term.
These fears provide a unique opportunity to acquire shares in Karoon, suggests Morgans, given management has flagged it will reveal its capital management approach next month (which is the opposite of dilution).
Target price is $2.60 Current Price is $1.80 Difference: $0.8
If KAR meets the Morgans target it will return approximately 44% (excluding dividends, fees and charges).
Current consensus price target is $2.61, suggesting upside of 46.6% (ex-dividends)
The company's fiscal year ends in December.
Forecast for FY24:
Morgans forecasts a full year FY24 dividend of 0.00 cents and EPS of 44.22 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 47.7, implying annual growth of N/A. Current consensus DPS estimate is 9.0, implying a prospective dividend yield of 5.1%. Current consensus EPS estimate suggests the PER is 3.7. |
Forecast for FY25:
Morgans forecasts a full year FY25 dividend of 0.00 cents and EPS of 41.17 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 42.6, implying annual growth of -10.7%. Current consensus DPS estimate is 9.0, implying a prospective dividend yield of 5.1%. Current consensus EPS estimate suggests the PER is 4.2. |
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $4.99
Ord Minnett rates LTM as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Arcadium Lithium is now rated Buy, with a price target of $8.
Target price is $8.00 Current Price is $4.99 Difference: $3.01
If LTM meets the Ord Minnett target it will return approximately 60% (excluding dividends, fees and charges).
Current consensus price target is $8.38, suggesting upside of 62.0% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 12.9, implying annual growth of -72.1%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 40.1. |
Forecast for FY25:
Current consensus EPS estimate is 25.4, implying annual growth of 96.9%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 20.4. |
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
LTR LIONTOWN RESOURCES LIMITED
New Battery Elements
More Research Tools In Stock Analysis - click HERE
Overnight Price: $0.93
Ord Minnett rates LTR as Accumulate (2) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Liontown Resources is now rated Accumulate, with a price target of $0.95.
Target price is $0.95 Current Price is $0.93 Difference: $0.02
If LTR meets the Ord Minnett target it will return approximately 2% (excluding dividends, fees and charges).
Current consensus price target is $1.23, suggesting upside of 34.1% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is -0.5, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Forecast for FY25:
Current consensus EPS estimate is 2.6, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 35.4. |
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $18.67
Ord Minnett rates MAC as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Metals Acquisition is now rated Buy, with a price target of $30.
Target price is $30.00 Current Price is $18.67 Difference: $11.33
If MAC meets the Ord Minnett target it will return approximately 61% (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
Overnight Price: $0.16
Ord Minnett rates MEI as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Meteoric Resources is now rated Buy, with a price target of $0.50.
Target price is $0.50 Current Price is $0.16 Difference: $0.345
If MEI meets the Ord Minnett target it will return approximately 223% (excluding dividends, fees and charges).
Current consensus price target is $0.49, suggesting upside of 204.2% (ex-dividends)
Forecast for FY25:
Current consensus EPS estimate is -0.5, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Forecast for FY26:
Current consensus EPS estimate is N/A, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
MIN MINERAL RESOURCES LIMITED
Mining Sector Contracting
More Research Tools In Stock Analysis - click HERE
Overnight Price: $56.57
Ord Minnett rates MIN as Accumulate (2) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Mineral Resources is now rated Accumulate, with a price target of $62.50.
Target price is $62.50 Current Price is $56.57 Difference: $5.93
If MIN meets the Ord Minnett target it will return approximately 10% (excluding dividends, fees and charges).
Current consensus price target is $70.50, suggesting upside of 26.0% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 98.8, implying annual growth of -22.4%. Current consensus DPS estimate is 20.3, implying a prospective dividend yield of 0.4%. Current consensus EPS estimate suggests the PER is 56.6. |
Forecast for FY25:
Current consensus EPS estimate is 153.4, implying annual growth of 55.3%. Current consensus DPS estimate is 46.1, implying a prospective dividend yield of 0.8%. Current consensus EPS estimate suggests the PER is 36.5. |
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $11.79
Ord Minnett rates MP1 as Accumulate (2) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
Megaport is rated Accumulate, with a price target of $14.
Target price is $14.00 Current Price is $11.79 Difference: $2.21
If MP1 meets the Ord Minnett target it will return approximately 19% (excluding dividends, fees and charges).
Current consensus price target is $14.87, suggesting upside of 28.4% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 9.4, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 123.2. |
Forecast for FY25:
Current consensus EPS estimate is 16.6, implying annual growth of 76.6%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 69.8. |
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $61.85
Ord Minnett rates NEM as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Newmont Corp is now rated Buy, with a price target of $80.
Target price is $80.00 Current Price is $61.85 Difference: $18.15
If NEM meets the Ord Minnett target it will return approximately 29% (excluding dividends, fees and charges).
Forecast for FY24:
Forecast for FY25:
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
Overnight Price: $17.61
Ord Minnett rates NXT as Accumulate (2) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
NextDC is rated Accumulate, with a price target of $20.
Ord Minnett's key sector preferences are Cosol, Hansen Technologies, Life360, NextDC, Seek, SiteMinder and Xero.
Target price is $20.00 Current Price is $17.61 Difference: $2.39
If NXT meets the Ord Minnett target it will return approximately 14% (excluding dividends, fees and charges).
Current consensus price target is $19.81, suggesting upside of 13.8% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is -9.1, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Forecast for FY25:
Current consensus EPS estimate is -11.2, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Market Sentiment: 0.9
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $0.17
Ord Minnett rates PDI as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Predictive Discovery is now rated Buy, with a price target of $0.45.
Target price is $0.45 Current Price is $0.17 Difference: $0.28
If PDI meets the Ord Minnett target it will return approximately 165% (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
Overnight Price: $12.40
Bell Potter rates PDN as Upgrade to Buy from Hold (1) -
Paladin Energy shareholders will gain access to one of the pre-eminent uranium assets in the Athabasca Basin in Canada for, what Bell Potter gathers, is an attractive price. Paladin intends to acquire Fission Uranium in a scrip deal.
There remains a risk of a competing bid, notes the broker. Should the deal fail, Paladin will receive a $40m payment from Fission Uranium.
Irrespective of the transaction, the broker feels the recent sell off in Paladin shares represents a buying opportunity.
The rating is upgraded to Buy from Hold and the target slips to $15.70 from $16.10.
Target price is $15.70 Current Price is $12.40 Difference: $3.3
If PDN meets the Bell Potter target it will return approximately 27% (excluding dividends, fees and charges).
Current consensus price target is $16.44, suggesting upside of 32.7% (ex-dividends)
The company's fiscal year ends in June.
Forecast for FY24:
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of minus 0.17 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is -5.0, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Forecast for FY25:
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of 65.57 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 52.9, implying annual growth of N/A. Current consensus DPS estimate is 0.9, implying a prospective dividend yield of 0.1%. Current consensus EPS estimate suggests the PER is 23.4. |
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
PLS PILBARA MINERALS LIMITED
New Battery Elements
More Research Tools In Stock Analysis - click HERE
Overnight Price: $3.23
Ord Minnett rates PLS as Hold (3) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Pilbara Minerals is now rated Hold, with a price target of $3.10.
Target price is $3.10 Current Price is $3.23 Difference: minus $0.13 (current price is over target).
If PLS meets the Ord Minnett target it will return approximately minus 4% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Current consensus price target is $3.38, suggesting upside of 3.3% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 12.0, implying annual growth of -85.0%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 27.3. |
Forecast for FY25:
Current consensus EPS estimate is 10.4, implying annual growth of -13.3%. Current consensus DPS estimate is 1.0, implying a prospective dividend yield of 0.3%. Current consensus EPS estimate suggests the PER is 31.4. |
Market Sentiment: -0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
PME PRO MEDICUS LIMITED
Medical Equipment & Devices
More Research Tools In Stock Analysis - click HERE
Overnight Price: $139.64
Ord Minnett rates PME as Sell (5) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
Pro Medicus is rated Sell, with a price target of $120.
Target price is $120.00 Current Price is $139.64 Difference: minus $19.64 (current price is over target).
If PME meets the Ord Minnett target it will return approximately minus 14% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Current consensus price target is $105.50, suggesting downside of -24.1% (ex-dividends)
The company's fiscal year ends in June.
Forecast for FY24:
Ord Minnett forecasts a full year FY24 dividend of 40.00 cents and EPS of 80.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 76.3, implying annual growth of 31.3%. Current consensus DPS estimate is 39.0, implying a prospective dividend yield of 0.3%. Current consensus EPS estimate suggests the PER is 182.2. |
Forecast for FY25:
Ord Minnett forecasts a full year FY25 dividend of 50.00 cents and EPS of 100.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 102.3, implying annual growth of 34.1%. Current consensus DPS estimate is 51.3, implying a prospective dividend yield of 0.4%. Current consensus EPS estimate suggests the PER is 135.9. |
Market Sentiment: -0.2
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $2.35
Ord Minnett rates PRU as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Perseus Mining is now rated Buy, with a price target of $3.00.
Target price is $3.00 Current Price is $2.35 Difference: $0.65
If PRU meets the Ord Minnett target it will return approximately 28% (excluding dividends, fees and charges).
Forecast for FY24:
Forecast for FY25:
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $17.48
Ord Minnett rates QBE as Hold (3) -
Ord Minnett believes the upside potential to the QBE Insurance share price is limited until there is more certainty around the potential for increased underwriting profits, given ongoing challenges in North America and changes in reinsurance.
The analyst points to ongoing work towards a sustainable business model which has shown improvements, there are risks associated with portfolio remediation and cost fluctuations.
The recent QBE Insurance update highlighted difficulties in the North American turnaround and potential impacts on smaller regions from increased global retentions.
Hold rating and $19 target.
Target price is $19.00 Current Price is $17.48 Difference: $1.52
If QBE meets the Ord Minnett target it will return approximately 9% (excluding dividends, fees and charges).
Current consensus price target is $19.51, suggesting upside of 13.6% (ex-dividends)
The company's fiscal year ends in December.
Forecast for FY24:
Ord Minnett forecasts a full year FY24 dividend of 90.00 cents and EPS of 180.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 177.4, implying annual growth of N/A. Current consensus DPS estimate is 83.2, implying a prospective dividend yield of 4.8%. Current consensus EPS estimate suggests the PER is 9.7. |
Forecast for FY25:
Ord Minnett forecasts a full year FY25 dividend of 90.00 cents and EPS of 180.00 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is 181.4, implying annual growth of 2.3%. Current consensus DPS estimate is 84.4, implying a prospective dividend yield of 4.9%. Current consensus EPS estimate suggests the PER is 9.5. |
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $0.44
Ord Minnett rates QOR as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
Qoria is rated Buy, with a price target of $0.51.
Target price is $0.51 Current Price is $0.44 Difference: $0.075
If QOR meets the Ord Minnett target it will return approximately 17% (excluding dividends, fees and charges).
The company's fiscal year ends in June.
Forecast for FY24:
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of minus 4.40 cents. |
Forecast for FY25:
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 1.70 cents. |
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
REA REA GROUP LIMITED
Online media & mobile platforms
More Research Tools In Stock Analysis - click HERE
Overnight Price: $198.29
Ord Minnett rates REA as Hold (3) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
REA Group is now rated Hold, with a price target of $185.
Target price is $185.00 Current Price is $198.29 Difference: minus $13.29 (current price is over target).
If REA meets the Ord Minnett target it will return approximately minus 7% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Current consensus price target is $202.43, suggesting upside of 3.1% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 343.2, implying annual growth of 27.3%. Current consensus DPS estimate is 190.9, implying a prospective dividend yield of 1.0%. Current consensus EPS estimate suggests the PER is 57.2. |
Forecast for FY25:
Current consensus EPS estimate is 431.7, implying annual growth of 25.8%. Current consensus DPS estimate is 242.9, implying a prospective dividend yield of 1.2%. Current consensus EPS estimate suggests the PER is 45.5. |
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
RIO RIO TINTO LIMITED
Aluminium, Bauxite & Alumina
More Research Tools In Stock Analysis - click HERE
Overnight Price: $120.97
Ord Minnett rates RIO as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Rio Tinto is now rated Buy, with a price target of $136.
Target price is $136.00 Current Price is $120.97 Difference: $15.03
If RIO meets the Ord Minnett target it will return approximately 12% (excluding dividends, fees and charges).
Current consensus price target is $132.17, suggesting upside of 8.8% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 1240.5, implying annual growth of N/A. Current consensus DPS estimate is 747.5, implying a prospective dividend yield of 6.2%. Current consensus EPS estimate suggests the PER is 9.8. |
Forecast for FY25:
Current consensus EPS estimate is 1197.9, implying annual growth of -3.4%. Current consensus DPS estimate is 737.9, implying a prospective dividend yield of 6.1%. Current consensus EPS estimate suggests the PER is 10.1. |
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $1.74
Ord Minnett rates RRL as Hold (3) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Regis Resources is now rated Hold, with a price target of $1.55.
Target price is $1.55 Current Price is $1.74 Difference: minus $0.185 (current price is over target).
If RRL meets the Ord Minnett target it will return approximately minus 11% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Current consensus price target is $2.19, suggesting upside of 24.5% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 9.9, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 17.8. |
Forecast for FY25:
Current consensus EPS estimate is 30.8, implying annual growth of 211.1%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 5.7. |
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $0.52
Ord Minnett rates RSG as Hold (3) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Resolute Mining is now rated Hold, with a price target of $0.55.
Target price is $0.55 Current Price is $0.52 Difference: $0.035
If RSG meets the Ord Minnett target it will return approximately 7% (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: 0.5
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $3.68
Ord Minnett rates S32 as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows South32 is now rated Buy, with a price target of $4.75.
Target price is $4.75 Current Price is $3.68 Difference: $1.07
If S32 meets the Ord Minnett target it will return approximately 29% (excluding dividends, fees and charges).
Current consensus price target is $4.22, suggesting upside of 14.3% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 14.6, implying annual growth of N/A. Current consensus DPS estimate is 4.6, implying a prospective dividend yield of 1.2%. Current consensus EPS estimate suggests the PER is 25.3. |
Forecast for FY25:
Current consensus EPS estimate is 47.1, implying annual growth of 222.6%. Current consensus DPS estimate is 16.5, implying a prospective dividend yield of 4.5%. Current consensus EPS estimate suggests the PER is 7.8. |
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $5.11
Ord Minnett rates SDR as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
SiteMinder is rated Buy, with a price target of $6.72.
Ord Minnett's key sector preferences are Cosol, Hansen Technologies, Life360, NextDC, Seek, SiteMinder and Xero.
Target price is $6.72 Current Price is $5.11 Difference: $1.61
If SDR meets the Ord Minnett target it will return approximately 32% (excluding dividends, fees and charges).
Current consensus price target is $6.52, suggesting upside of 28.2% (ex-dividends)
The company's fiscal year ends in June.
Forecast for FY24:
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of minus 8.30 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is -8.3, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Forecast for FY25:
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 0.80 cents. How do these forecasts compare to market consensus projections? Current consensus EPS estimate is -1.5, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is N/A. |
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $21.76
Ord Minnett rates SEK as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
Seek is rated Buy, with a price target of $29.50.
Ord Minnett's key sector preferences are Cosol, Hansen Technologies, Life360, NextDC, Seek, SiteMinder and Xero.
Target price is $29.50 Current Price is $21.76 Difference: $7.74
If SEK meets the Ord Minnett target it will return approximately 36% (excluding dividends, fees and charges).
Current consensus price target is $29.20, suggesting upside of 35.2% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 52.9, implying annual growth of -81.7%. Current consensus DPS estimate is 42.3, implying a prospective dividend yield of 2.0%. Current consensus EPS estimate suggests the PER is 40.8. |
Forecast for FY25:
Current consensus EPS estimate is 73.9, implying annual growth of 39.7%. Current consensus DPS estimate is 56.7, implying a prospective dividend yield of 2.6%. Current consensus EPS estimate suggests the PER is 29.2. |
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $0.10
Ord Minnett rates STA as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.
Today's update on the mining sector shows Strandline Resources is now rated Buy, with a price target of $0.13.
Target price is $0.13 Current Price is $0.10 Difference: $0.035
If STA meets the Ord Minnett target it will return approximately 37% (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
Overnight Price: $18.29
Ord Minnett rates TNE as Hold (3) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
TechnologyOne is rated Hold, with a price target of $17.60.
Target price is $17.60 Current Price is $18.29 Difference: minus $0.69 (current price is over target).
If TNE meets the Ord Minnett target it will return approximately minus 4% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Current consensus price target is $17.74, suggesting downside of -3.8% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 36.0, implying annual growth of 13.5%. Current consensus DPS estimate is 21.6, implying a prospective dividend yield of 1.2%. Current consensus EPS estimate suggests the PER is 51.2. |
Forecast for FY25:
Current consensus EPS estimate is 41.9, implying annual growth of 16.4%. Current consensus DPS estimate is 24.3, implying a prospective dividend yield of 1.3%. Current consensus EPS estimate suggests the PER is 44.0. |
Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
WTC WISETECH GLOBAL LIMITED
Transportation & Logistics
More Research Tools In Stock Analysis - click HERE
Overnight Price: $95.96
Ord Minnett rates WTC as Hold (3) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
WiseTech Global is now rated Hold, with a price target of $96.
Target price is $96.00 Current Price is $95.96 Difference: $0.04
If WTC meets the Ord Minnett target it will return approximately 0% (excluding dividends, fees and charges).
Current consensus price target is $94.49, suggesting downside of -3.8% (ex-dividends)
Forecast for FY24:
Current consensus EPS estimate is 81.5, implying annual growth of 25.8%. Current consensus DPS estimate is 16.1, implying a prospective dividend yield of 0.2%. Current consensus EPS estimate suggests the PER is 120.5. |
Forecast for FY25:
Current consensus EPS estimate is 113.1, implying annual growth of 38.8%. Current consensus DPS estimate is 21.9, implying a prospective dividend yield of 0.2%. Current consensus EPS estimate suggests the PER is 86.8. |
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Overnight Price: $134.42
Ord Minnett rates XRO as Buy (1) -
It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is going through serious changes. Ord Minnett has now pulled the coverage of technology companies back in-house.
Xero is now rated Buy, with a price target of $150.
Ord Minnett's key sector preferences are Cosol, Hansen Technologies, Life360, NextDC, Seek, SiteMinder and Xero.
Target price is $150.00 Current Price is $134.42 Difference: $15.58
If XRO meets the Ord Minnett target it will return approximately 12% (excluding dividends, fees and charges).
Current consensus price target is $152.27, suggesting upside of 12.8% (ex-dividends)
Forecast for FY25:
Current consensus EPS estimate is 143.5, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 94.1. |
Forecast for FY26:
Current consensus EPS estimate is 189.7, implying annual growth of 32.2%. Current consensus DPS estimate is 18.0, implying a prospective dividend yield of 0.1%. Current consensus EPS estimate suggests the PER is 71.2. |
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Today's Price Target Changes
| Company | Last Price | Broker | New Target | Prev Target | Change | |
| 29M | 29Metals | $0.42 | Ord Minnett | 0.75 | N/A | - |
| ALL | Aristocrat Leisure | $49.30 | Macquarie | 55.00 | 50.50 | 8.91% |
| Morgan Stanley | 52.30 | 49.50 | 5.66% | |||
| AWC | Alumina Ltd | $1.67 | Ord Minnett | 2.00 | 1.35 | 48.15% |
| BHP | BHP Group | $43.06 | Ord Minnett | 45.00 | 40.50 | 11.11% |
| CAR | CAR Group | $35.04 | Ord Minnett | 39.00 | 27.00 | 44.44% |
| CLW | Charter Hall Long WALE REIT | $3.28 | Citi | 3.50 | 3.90 | -10.26% |
| DRR | Deterra Royalties | $4.01 | Ord Minnett | 4.80 | 4.20 | 14.29% |
| FMG | Fortescue | $21.66 | Ord Minnett | 21.00 | 16.20 | 29.63% |
| IGO | IGO | $5.87 | Ord Minnett | 9.00 | N/A | - |
| ILU | Iluka Resources | $6.64 | Ord Minnett | 8.00 | 9.50 | -15.79% |
| LTM | Arcadium Lithium | $5.17 | Ord Minnett | 8.00 | N/A | - |
| LTR | Liontown Resources | $0.92 | Ord Minnett | 0.95 | 1.80 | -47.22% |
| MIN | Mineral Resources | $55.97 | Ord Minnett | 62.50 | 67.00 | -6.72% |
| MP1 | Megaport | $11.58 | Ord Minnett | 14.00 | 15.00 | -6.67% |
| NEM | Newmont Corp | $62.28 | Ord Minnett | 80.00 | 78.00 | 2.56% |
| NXT | NextDC | $17.40 | Ord Minnett | 20.00 | 14.00 | 42.86% |
| PLS | Pilbara Minerals | $3.27 | Ord Minnett | 3.10 | 4.00 | -22.50% |
| PRU | Perseus Mining | $2.30 | Ord Minnett | 3.00 | 2.05 | 46.34% |
| QBE | QBE Insurance | $17.17 | Ord Minnett | 19.00 | 14.00 | 35.71% |
| REA | REA Group | $196.36 | Ord Minnett | 185.00 | 117.00 | 58.12% |
| RIO | Rio Tinto | $121.44 | Ord Minnett | 136.00 | 112.00 | 21.43% |
| RRL | Regis Resources | $1.76 | Ord Minnett | 1.55 | 3.10 | -50.00% |
| S32 | South32 | $3.69 | Ord Minnett | 4.75 | 3.50 | 35.71% |
| SEK | Seek | $21.60 | Ord Minnett | 29.50 | 19.00 | 55.26% |
| TNE | TechnologyOne | $18.44 | Ord Minnett | 17.60 | 14.50 | 21.38% |
| WTC | WiseTech Global | $98.20 | Ord Minnett | 96.00 | 100.00 | -4.00% |
| XRO | Xero | $135.03 | Ord Minnett | 150.00 | 85.00 | 76.47% |
Summaries
| 29M | 29Metals | Accumulate - Ord Minnett | Overnight Price $0.41 |
| 360 | Life360 | Buy - Ord Minnett | Overnight Price $15.85 |
| A2M | a2 Milk Co | Buy - Citi | Overnight Price $6.59 |
| ALL | Aristocrat Leisure | Buy - Citi | Overnight Price $50.02 |
| Outperform - Macquarie | Overnight Price $50.02 | ||
| Overweight - Morgan Stanley | Overnight Price $50.02 | ||
| Hold - Ord Minnett | Overnight Price $50.02 | ||
| Buy - UBS | Overnight Price $50.02 | ||
| AWC | Alumina Ltd | Buy - Ord Minnett | Overnight Price $1.67 |
| BBN | Baby Bunting | Neutral - Citi | Overnight Price $1.24 |
| BGL | Bellevue Gold | Accumulate - Ord Minnett | Overnight Price $1.72 |
| BHP | BHP Group | Neutral - Macquarie | Overnight Price $43.34 |
| Accumulate - Ord Minnett | Overnight Price $43.34 | ||
| C79 | Chrysos | Accumulate - Ord Minnett | Overnight Price $5.65 |
| CAR | CAR Group | Accumulate - Ord Minnett | Overnight Price $34.95 |
| CLW | Charter Hall Long WALE REIT | Neutral - Citi | Overnight Price $3.38 |
| CMM | Capricorn Metals | Buy - Ord Minnett | Overnight Price $4.67 |
| COS | Cosol | Buy - Ord Minnett | Overnight Price $1.27 |
| DEG | De Grey Mining | Buy - Ord Minnett | Overnight Price $1.08 |
| DRR | Deterra Royalties | Buy - Ord Minnett | Overnight Price $4.02 |
| DSE | Dropsuite | Buy - Ord Minnett | Overnight Price $2.72 |
| DXS | Dexus | Neutral - Citi | Overnight Price $6.76 |
| EMR | Emerald Resources | Hold - Ord Minnett | Overnight Price $3.36 |
| FMG | Fortescue | Accumulate - Ord Minnett | Overnight Price $21.63 |
| GL1 | Global Lithium Resources | Buy - Ord Minnett | Overnight Price $0.28 |
| HLS | Healius | Sell - Citi | Overnight Price $1.48 |
| HSN | Hansen Technologies | Buy - Ord Minnett | Overnight Price $4.42 |
| IGO | IGO | Buy - Ord Minnett | Overnight Price $5.91 |
| ILU | Iluka Resources | Buy - Ord Minnett | Overnight Price $6.58 |
| IMR | Imricor Medical Systems | Speculative Buy - Morgans | Overnight Price $0.50 |
| KAR | Karoon Energy | Add - Morgans | Overnight Price $1.80 |
| LTM | Arcadium Lithium | Buy - Ord Minnett | Overnight Price $4.99 |
| LTR | Liontown Resources | Accumulate - Ord Minnett | Overnight Price $0.93 |
| MAC | Metals Acquisition | Buy - Ord Minnett | Overnight Price $18.67 |
| MEI | Meteoric Resources | Buy - Ord Minnett | Overnight Price $0.16 |
| MIN | Mineral Resources | Accumulate - Ord Minnett | Overnight Price $56.57 |
| MP1 | Megaport | Accumulate - Ord Minnett | Overnight Price $11.79 |
| NEM | Newmont Corp | Buy - Ord Minnett | Overnight Price $61.85 |
| NXT | NextDC | Accumulate - Ord Minnett | Overnight Price $17.61 |
| PDI | Predictive Discovery | Buy - Ord Minnett | Overnight Price $0.17 |
| PDN | Paladin Energy | Upgrade to Buy from Hold - Bell Potter | Overnight Price $12.40 |
| PLS | Pilbara Minerals | Hold - Ord Minnett | Overnight Price $3.23 |
| PME | Pro Medicus | Sell - Ord Minnett | Overnight Price $139.64 |
| PRU | Perseus Mining | Buy - Ord Minnett | Overnight Price $2.35 |
| QBE | QBE Insurance | Hold - Ord Minnett | Overnight Price $17.48 |
| QOR | Qoria | Buy - Ord Minnett | Overnight Price $0.44 |
| REA | REA Group | Hold - Ord Minnett | Overnight Price $198.29 |
| RIO | Rio Tinto | Buy - Ord Minnett | Overnight Price $120.97 |
| RRL | Regis Resources | Hold - Ord Minnett | Overnight Price $1.74 |
| RSG | Resolute Mining | Hold - Ord Minnett | Overnight Price $0.52 |
| S32 | South32 | Buy - Ord Minnett | Overnight Price $3.68 |
| SDR | SiteMinder | Buy - Ord Minnett | Overnight Price $5.11 |
| SEK | Seek | Buy - Ord Minnett | Overnight Price $21.76 |
| STA | Strandline Resources | Buy - Ord Minnett | Overnight Price $0.10 |
| TNE | TechnologyOne | Hold - Ord Minnett | Overnight Price $18.29 |
| WTC | WiseTech Global | Hold - Ord Minnett | Overnight Price $95.96 |
| XRO | Xero | Buy - Ord Minnett | Overnight Price $134.42 |
RATING SUMMARY
| Rating | No. Of Recommendations |
| 1. Buy | 32 |
| 2. Accumulate | 10 |
| 3. Hold | 13 |
| 5. Sell | 2 |
Thursday 27 June 2024
Access Broker Call Report Archives here
Disclaimer:
The content of this information does in no way reflect the opinions of
FNArena, or of its journalists. In fact we don't have any opinion about
the stock market, its value, future direction or individual shares. FNArena solely reports about what the main experts in the market note, believe
and comment on. By doing so we believe we provide intelligent investors
with a valuable tool that helps them in making up their own minds, reading
market trends and getting a feel for what is happening beneath the surface.
This document is provided for informational purposes only. It does not
constitute an offer to sell or a solicitation to buy any security or other
financial instrument. FNArena employs very experienced journalists who
base their work on information believed to be reliable and accurate, though
no guarantee is given that the daily report is accurate or complete. Investors
should contact their personal adviser before making any investment decision.
Latest News
| 1 |
ASX Winners And Losers Of Today – 18-11-24Nov 18 2024 - Daily Market Reports |
| 2 |
Orica Well Positioned To CapitaliseNov 18 2024 - Australia |
| 3 |
Australian Listed Real Estate Tables – 18-11-2024Nov 18 2024 - Weekly Reports |
| 4 |
Australian Broker Call *Extra* Edition – Nov 18, 2024Nov 18 2024 - Daily Market Reports |
| 5 |
Weekly Ratings, Targets, Forecast Changes – 15-11-24Nov 18 2024 - Weekly Reports |