Daily FNArena News - Australia

Ansell is confident sales can recover in FY20 after a weak period affected by divestments and restructuring, although brokers consider the global environment poses risks.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

REA Group withstood a significant downturn in listings volumes in FY19 and, while FY20 is off to a slow start, a recovery is expected in the second half.

Brokers note James Hardie is trading at a discount to industrials peers, which is increasingly difficult to justify in the wake of a robust first quarter.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

Brokers suspect several targets set by Suncorp in recent years will not be met and FY20 will be a transition year.

A limited negative reaction to a weak FY19 result for Commonwealth Bank bodes well for the FY20 outlook, brokers suggest, although the stock is considered over-priced.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.