| Adbri |
ABC |
Jefferies raises Adbri (ABC) price target from $2.10 to $2.50. |
| Adbri |
ABC |
Citi raises Adbri (ABC) price target from $2.60 to $2.70. Retains neutral rating. |
| Adbri |
ABC |
Macquarie raises Adbri (ABC) price target from $1.850 to $2.20. Retains underperform rating. |
| Ampol |
ALD |
UBS raises Ampol (ALD) price target from $22.50 to $27.00. Retains neutral rating. |
| Ansell |
ANN |
Morgan Stanley raises Ansell (ANN) price target from $28.90 to $43.50. Retains overweight rating. |
| APA Group |
APA |
Citi lowers APA Group (APA) price target from $12.68 to $11.94. Retains buy rating. |
| APA Group |
APA |
Macquarie upgrades APA Group (APA) rating from neutral to outperform. Raises price target from $11.36 to $11.72. Is pleased with improvement in performance and outlook. |
| APA Group |
APA |
Morgan Stanley lowers APA Group (APA) price target from $11.66 to $11.38. Retains equalweight rating. |
| APA Group |
APA |
UBS lowers APA Group (APA) price target from $11.95 to $11.40. Retains buy rating. |
| Aurelia Metals |
AMI |
Macquarie lowers Aurelia Metals (AMI) price target from $0.700 to $0.600. Retains outperform rating. |
| Bingo Industries |
BIN |
UBS raises Bingo Industries (BIN) price target from $2.55 to $2.75. Retains buy rating. |
| Bravura Solutions |
BVS |
Macquarie lowers Bravura Solutions (BVS) price target from $6.00 to $5.50. Retains outperform rating. |
| Cleanaway Waste Management |
CWY |
Credit Suisse raises Cleanaway Waste Management (CWY) price target from $2.30 to $2.45. Retains neutral rating. Notes FY20 profit in line with expectations. Recovery is underway, and now expecting FY21 NPAT to increase by 14%, FY22 by 23%. |
| Cleanaway Waste Management |
CWY |
Macquarie raises Cleanaway Waste Management (CWY) price target from $2.45 to $2.75. Retains outperform rating. Broker believes co. has performed well despite challenging environment. |
| Cleanaway Waste Management |
CWY |
UBS raises Cleanaway Waste Management (CWY) price target from $2.15 to $2.35. Retains neutral rating. Cites better than expected FY20 results. |
| Eagers Automotive |
APE |
Credit Suisse raises Eagers Automotive (APE) price target from $6.45 to $9.40. Retains neutral rating. |
| Eagers Automotive |
APE |
Macquarie raises Eagers Automotive (APE) price target from $7.80 to $8.50. Retains neutral rating. |
| Eagers Automotive |
APE |
Morgan Stanley raises Eagers Automotive (APE) price target from $9.00 to $10.00. Retains overweight rating. |
| Eagers Automotive |
APE |
UBS raises Eagers Automotive (APE) price target from $7.90 to $10.00. Retains buy rating. |
| Fineos Corporation |
FCL |
Macquarie raises Fineos Corporation (FCL) price target from $5.87 to $6.06. Retains outperform rating. |
| Flexigroup |
FXL |
Credit Suisse lowers Flexigroup (FXL) price target from $1.500 to $1.400. Retains neutral rating. |
| Flexigroup |
FXL |
Macquarie raises Flexigroup (FXL) price target from $1.250 to $1.330. Retains neutral rating. |
| Flexigroup |
FXL |
UBS lowers Flexigroup (FXL) price target from $1.450 to $1.600. Retains buy rating. |
| Home Consortium |
HMC |
Credit Suisse downgrades Home Consortium (HMC) rating from outperform to neutral. Lowers price target from $3.22 to $3.21. Blames share price appreciation for deterioration in value. |
| Japara Healthcare |
JHC |
Jefferies lowers Japara Healthcare (JHC) price target from $0.500 to $0.470. |
| Japara Healthcare |
JHC |
Macquarie lowers Japara Healthcare (JHC) price target from $0.680 to $0.540. Retains neutral rating. |
| Jumbo Interactive |
JIN |
Morgan Stanley raises Jumbo Interactive (JIN) price target from $12.50 to $14.30. Retains overweight rating. |
| Lovisa |
LOV |
Citi raises Lovisa (LOV) price target from $5.75 to $6.25. Retains sell rating. |
| Lovisa |
LOV |
Macquarie raises Lovisa (LOV) price target from $6.00 to $7.50. Retains neutral rating. |
| Lovisa |
LOV |
Morgan Stanley raises Lovisa (LOV) price target from $6.75 to $7.15. Retains equalweight rating. |
| Medibank Private |
MPL |
Morgan Stanley lowers Medibank Private (MPL) price target from $2.75 to $2.70. Retains equalweight rating. |
| Metcash |
MTS |
Jefferies raises Metcash (MTS) price target from $3.25 to $3.45. Retains buy rating. Expects strong growth in supermarket sector to continue. |
| Metcash |
MTS |
Credit Suisse raises Metcash (MTS) price target from $3.00 to $3.55. Retains outperform rating. Notes FY20 results were better than expected. Impressed with sales growth in hardware. |
| Metcash |
MTS |
Macquarie raises Metcash (MTS) price target from $2.82 to $3.05. Retains neutral rating. Broker is impressed with growth achieved across liquor and hardware. Upgrades earnings expectations for FY21. |
| Metcash |
MTS |
Morgan Stanley raises Metcash (MTS) price target from $3.60 to $3.70. Retains overweight rating. Is pleased with FY20 results, balance sheet progress. |
| Metcash |
MTS |
UBS raises Metcash (MTS) price target from $3.05 to $3.25. Retains buy rating. Cites better than expected FY20 results. |
| Perseus Mining |
PRU |
Macquarie raises Perseus Mining (PRU) price target from $1.250 to $1.300. Retains underperform rating. |
| Polynovo |
PNV |
Macquarie lowers Polynovo (PNV) price target from $2.60 to $2.55. Retains outperform rating. |
| Readytech |
RDY |
Macquarie raises Readytech (RDY) price target from $2.20 to $2.40. Retains outperform rating. |
| Regis Resources |
RRL |
Morgan Stanley raises Regis Resources (RRL) price target from $6.00 to $6.30. Retains overweight rating. |
| Regis Resources |
RRL |
UBS lowers Regis Resources (RRL) price target from $6.50 to $5.90. Retains buy rating. |
| Scentre Group |
SCG |
Jefferies raises Scentre Group (SCG) price target from $2.00 to $2.17. |
| Seven Group |
SVW |
Jefferies raises Seven Group (SVW) price target from $19.60 to $21.60. |
| Seven Group |
SVW |
Credit Suisse raises Seven Group (SVW) price target from $20.35 to $21.90. Retains outperform rating. |
| Seven Group |
SVW |
Macquarie raises Seven Group (SVW) price target from $19.10 to $21.10. Retains outperform rating. |
| Spark Infrastructure Group |
SKI |
Credit Suisse raises Spark Infrastructure Group (SKI) price target from $2.40 to $2.65. Retains outperform rating. |
| Steadfast Group |
SDF |
Credit Suisse raises Steadfast Group (SDF) price target from $3.75 to $3.80. Retains outperform rating. |
| Steadfast Group |
SDF |
UBS lowers Steadfast Group (SDF) price target from $4.00 to $3.90. Retains buy rating. |
| Super Retail Group |
SUL |
Morgan Stanley raises Super Retail Group (SUL) price target from $10.00 to $11.40. Retains overweight rating. |
| Wagners Holding Company |
WGN |
Credit Suisse downgrades Wagners Holding Company (WGN) rating from outperform to neutral. Raises price target from $1.000 to $1.100. Is concerned about high debt levels and lack of industry growth. Still, operationally, company is performing well. |
| Whitehaven Coal |
WHC |
Citi lowers Whitehaven Coal (WHC) price target from $1.750 to $1.600. Retains buy rating. Blames increasing risk that co. will have to raise capital, and therefore dilute existing holders. |
| Whitehaven Coal |
WHC |
Credit Suisse lowers Whitehaven Coal (WHC) price target from $2.25 to $1.950. Retains outperform rating. Notes FY20 results were in line with expectations. Cites concerns over coal prices. |
| Whitehaven Coal |
WHC |
Macquarie lowers Whitehaven Coal (WHC) price target from $1.400 to $0.900. Retains underperform rating. Sees FY20 results as softer than expected. Is concerned about free cash flow amid lower coal prices. |
| Whitehaven Coal |
WHC |
Morgan Stanley lowers Whitehaven Coal (WHC) price target from $2.30 to $1.900. Retains overweight rating. Broker is not impressed with guidance, sales forecast. |
| Worley |
WOR |
Jefferies lowers Worley (WOR) price target from $11.00 to $10.70. |
| Worley |
WOR |
Citi lowers Worley (WOR) price target from $13.65 to $13.49. Retains buy rating. Broker is impressed with cost reductions achieved, upgrades FY21 earnings expectations. |
| Worley |
WOR |
Credit Suisse raises Worley (WOR) price target from $11.30 to $11.70. Retains outperform rating. |
| Worley |
WOR |
Macquarie raises Worley (WOR) price target from $12.31 to $13.46. Retains outperform rating. |
| Worley |
WOR |
Morgan Stanley raises Worley (WOR) price target from $8.40 to $8.45. Retains underweight rating. |
| Worley |
WOR |
UBS raises Worley (WOR) price target from $11.75 to $12.32. Retains buy rating. |