Rudi Filapek-Vandyck has been a journalist for nearly three decades, of which nearly two decades has been in finance. After successfully establishing a leading financial news service in Europe, Rudi moved to Australia where he founded FNArena, an online service dedicated to providing independent and unbiased market analysis. He has also develope...View more >
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The split between a share market that wants to move higher and Australian companies that are unable to provide better profit results continues to show up in FNArena's daily monitoring of 8 leading sto..
AGL, CBA, Wesfarmers and Woolworths are among the 15 downgrades from stockbrokers so far this week, while 6 stocks have been upgraded.
For the week ending Friday 10 May 2019, FNArena registered 9 downgrades and 20 upgrades for ASX-listed stocks.
Stockbrokers have issued downgrades for 10 companies so far this week, with Resmed (RMD) and Platinum Asset Management (PTM) the only upgrades.
Following the April holiday-drought, last week there were 12 upgrades in ratings for individual, listed ASX-stocks, vastly outnumbered by 22 downgrades.
11 companies have been downgraded and 6 companies upgraded by stockbrokers this week, with three downgrades and one upgrade for Domain Holdings (DHG).