Company Name |
Ticker |
Broker Move |
AGL Energy |
AGL |
Morgan Stanley lowers AGL Energy (AGL) price target from $14.14 to $10.68. Retains underweight rating. |
Auckland International Airport |
AIA |
Credit Suisse lowers Auckland International Airport (AIA) price target from $6.95 to $5.95. Retains underperform rating. (Prices in NZD as per NZX listing) |
Ampol |
ALD |
Credit Suisse lowers Ampol (ALD) price target from $29.37 to $27.71. Retains neutral rating. |
Ampol |
ALD |
UBS lowers Ampol (ALD) price target from $33.70 to $33.50. Retains buy rating. |
BHP Group |
BHP |
JP Morgan retains overweight rating on BHP Group (BHP). |
BHP Group |
BHP |
Macquarie retains outperform rating on BHP Group (BHP). Retains $51.00 price target. |
BHP Group |
BHP |
Morgan Stanley retains overweight rating on BHP Group (BHP). Retains $46.25 price target. |
Beach Energy |
BPT |
Citi downgrades Beach Energy (BPT) rating from buy to neutral. Lowers price target from $1.980 to $1.940. Upgrades crude oil price expectations for 2021 from US$52/brl to $US59/brl. Ratings downgrade due feeling stock may already be fully valued by market. |
City Chic Collective |
CCX |
Morgan Stanley raises City Chic Collective (CCX) price target from $3.55 to $4.50. Retains overweight rating. Upgrades expected earnings for FY21 by 8%. Sees higher organic growth. Online prospective. |
Fisher & Paykel Healthcare Corporation |
FPH |
Credit Suisse upgrades Fisher & Paykel Healthcare Corporation (FPH) rating from underperform to neutral. Raises price target from $31.00 to $33.50. (Prices in NZD as per NZX listing) |
Genetic Technologies |
GTG |
Zacks downgrades Genetic Technologies (GTG) rating from hold to sell. |
Kazia Therapeutics |
KZA |
Zacks downgrades Kazia Therapeutics (KZA) rating from buy to hold. |
Liberty Financial Group |
LFG |
Macquarie initiates outperform rating on Liberty Financial Group (LFG). Initiates $8.27 price target. |
Lendlease Group |
LLC |
Morgan Stanley raises Lendlease Group (LLC) price target from $13.55 to $13.98. Retains equalweight rating. |
Origin Energy |
ORG |
Citi raises Origin Energy (ORG) price target from $6.55 to $6.78. Retains buy rating. Upgrades crude oil price expectations for 2021 from US$52/brl to $US59/brl. Expected earnings and therefore price target for stock adjusted. |
Oil Search |
OSH |
Citi raises Oil Search (OSH) price target from $4.00 to $4.45. Retains neutral rating. Upgrades crude oil price expectations for 2021 from US$52/brl to $US59/brl. Expected earnings and therefore price target for stock adjusted. |
OZ Minerals |
OZL |
Macquarie retains outperform rating on OZ Minerals (OZL). Retains $22.00 price target. |
Pendal Group |
PDL |
Citi raises Pendal Group (PDL) price target from $6.40 to $6.80. Retains neutral rating. |
Pendal Group |
PDL |
Credit Suisse raises Pendal Group (PDL) price target from $5.90 to $6.50. Retains neutral rating. |
Premier Investments |
PMV |
Macquarie raises Premier Investments (PMV) price target from $24.22 to $28.00. Retains outperform rating. Broker is impressed with H1 trading update. Notes H1 income ahead of all of FY20, and well ahead of broker's own estimates. |
Rio Tinto |
RIO |
JP Morgan retains overweight rating on Rio Tinto (RIO). |
Rio Tinto |
RIO |
Macquarie retains outperform rating on Rio Tinto (RIO). Retains $127.00 price target. |
Resolute Mining |
RSG |
Citi lowers Resolute Mining (RSG) price target from $1.100 to $1.000. Retains buy rating. |
Resolute Mining |
RSG |
Macquarie lowers Resolute Mining (RSG) price target from $1.050 to $1.000. Retains outperform rating. |
Santos |
STO |
Citi downgrades Santos (STO) rating from buy to neutral. Raises price target from $7.34 to $7.58. Upgrades crude oil price expectations for 2021 from US$52/brl to $US59/brl. Expected earnings and therefore price target for stock adjusted. Ratings downgrade due to revision lower of expected reserves. |
Senex Energy |
SXY |
Citi raises Senex Energy (SXY) price target from $0.430 to $0.440. Retains buy rating. Upgrades crude oil price expectations for 2021 from US$52/brl to $US59/brl. Expected earnings and therefore price target for stock adjusted. Co. is broker's top pick in sector. |
Whitehaven Coal |
WHC |
Citi raises Whitehaven Coal (WHC) price target from $3.38 to $3.53. Retains buy rating. Reacts positively to December quarter trading update. |
Whitehaven Coal |
WHC |
Credit Suisse retains outperform rating on Whitehaven Coal (WHC). Retains $1.950 price target. Anticipates rebound in coal prices will continue to support improving cashflows and earnings growth outlook. |
Whitehaven Coal |
WHC |
Macquarie upgrades Whitehaven Coal (WHC) rating from underperform to neutral. Raises price target from $1.300 to $1.800. Considers unexpected operational issues reported during December quarter against expected ramp up in production in H2. |
Whitehaven Coal |
WHC |
Morgan Stanley raises Whitehaven Coal (WHC) price target from $1.900 to $2.15. Retains overweight rating. Expects rising coal prices to bolster earnings in H2. |
Whitehaven Coal |
WHC |
UBS retains buy rating on Whitehaven Coal (WHC). Retains $2.15 price target. After assessing December quarter trading update, notes in line with expectations. |
Woodside Petroleum |
WPL |
Citi raises Woodside Petroleum (WPL) price target from $22.36 to $25.62. Retains neutral rating. Upgrades crude oil price expectations for 2021 from US$52/brl to $US59/brl. Expected earnings and therefore price target for stock adjusted. Risks declining. |