Banks

Flush with acquisitions, Austbrokers delivered what brokers saw as a solid FY13 result, paving the way for a firm FY14.

The Chartist notes AMP shares have rallied post profit result but suggests the risk/reward balance is in favour of looking for investment elsewhere.

Suncorp Group provided something for every broker in its FY13 results. It’s a matter of whether the glass is half full or half empty.

Brokers found it hard to fault Flexigroup after the FY13 result, justifying the premium at which the stock trades.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. JP Morgan has made a sector call on the banks, upgrading Westpac and downgrading CBA on a relative basis.

Brokers are anticipating a strong earnings season for the general insurers, although life businesses have a few problems.

The Chartist sees bullish signs in QBE’s technicals but suggests waiting for a more attractive entry point.

Modest domestic housing recovery, NBN squeeze on small telco margins, bank dividends look safe and leisure providers welcome lower Aust dollar.

Despite concerns about a foreign exit, CIMB argues Australia’s yield stocks are still offering value, while Macquarie looks for possible dividend surprises at the upcoming results season.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Deutsche Bank has lifted its target price for Macquarie well above consensus and upgraded to Buy after reassessing the Group’s individual businesses.