Other Industrials

Equity brokers have updated market expectations over the past week, while outlining preferred exposures for investors given likely market conditions.

Expansion and improved earnings from theme parks should drive solid earnings growth for Ardent Leisure, reports Deutsche Bank.

Weekly update on recommendation, target price, and earnings forecast changes.

Macquarie has revised its views for the year ahead, UBS sees some yield value, updates on the residential, materials and construction sectors and how US investors view the Australian market.

Moelis joins Deutsche Bank and RBS Australia in rating Decmil a Buy, seeing earnings growth from contract wins and the group’s managed village offerings.

Below peer earnings growth over the past two years has contributed to underperformance from UGL but Goldman Sachs sees scope for share price gains as earnings recover in coming years.

Internal efficiencies and exposure to the resource sector have Skilled Group well placed for further earnings growth, predicts Moelis.

Surveys by Barclays Capital and BA Merrill Lynch suggest global investor sentiment is rising, but market and sector specific conditions mean stock picking remains important.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Goldman Sachs identifies listed Engineering & Construction companies in the running to win valuable upcoming service contracts from the resources sector.

While earnings growth should be strong and the company continues to expand its markets and geographical presence, Neutral ratings continue to dominate broker views on Campbell Brothers.