A glance through the latest expert views and predictions about commodities. Following the Vale dam collapse in Brazil, analysts have upgraded their short-term iron ore price forecasts as supply drops.
Despite a strong approach to category management and continued cost savings, the outlook for JB Hi-Fi is affected by a weaker housing market and ever-rising online sales.
Pitt Street Research has initiated coverage of DomaCom, which is looking to revolutionise investing in property in Australia
Tough competition in mortgages and a growing cost base have cast a pall over Bendigo & Adelaide Bank and brokers agree revenue remains under pressure.
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Michael Gable of Fairmont Equities notes a strong earnings result has led James Hardie to a technical break-up that should be sustained.
Mirvac is expected to continue benefiting from strong office & industrial property markets, while a rundown of apartment pre-sales in FY20 could create an earnings hole in that year.
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
The outlook has slowed for REA Group, given weak listing volumes in January highlight a deteriorating property market.
Craig Parker of Moat Capital notes the ASX200 is now above its moving average, but the S&P500 is consolidating.
