Last week local brokers spent a lot of time talking about China, while the banks, house prices and the local gold sector also featured.
Fund manager Alphinity argues conditions are right for the next long up-cycle for insurance sector margins and share prices.
With the interim result season now complete, and euro-fear having re-emerged, bank analysts have reviewed their Australian banking sector outlooks.
While a majority of the brokers in the FNArena database rate Computershare as a Buy, Citi is less bullish given evidence the company is not well positioned for growth in the US.
Share prices for major banks in Australia are far from cheap and that in itself is a cautionary warning, Your Editor explained on Switzer TV on Thursday.
CMC Markets reports Australian CFD trading shifted to an international footing in April, with Germany and Apple popular along with BHP and the banks.
BA-ML has reinstated coverage on Computershare with a Buy rating, supported by above consensus earnings forecasts from FY14 as acquisitions and better market conditions boost growth.
Weekly update on recommendation, target price, and earnings forecast changes.
Wet weather, fund managers views, RBA rate cuts and earnings forecasts all featured in research released by stockbrokers last week.
FNArena’s weekly update on short positions in the Australian share market.