Newcrest Mining has improved the outlook for its two key gold mines, Cadia and Lihir, although brokers remain mindful that production declines beyond 2020 will drive a renewed focus on growth options.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
The market reacted positively to oOh!media’s first half and brokers expect 2017 will reveal meaningful growth.
Michael Gable of Fairmont Equities suggests packager Orora is set for a break to the upside.
Brokers are prepared to look beyond the weakness in the first six weeks of Baby Bunting’s trading in FY18, suggesting this is not necessarily the start of a trend.
The outlook for REA Group remains robust, although several brokers suggest expectations had become inflated.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Craig Parker of Moat Capital suggests the technical picture for the ASX200 has not changed, but the world might.
Packaging company Orora has considerable scope to pursue both organic growth and acquisitions, having delivered an FY17 net profit that was ahead of most forecasts while maintaining a robust balance sheet.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
