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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Upgrades have outnumbered downgrades, with Domino’s Pizza one of the lucky ones to get an upgrade.
Analysts are still on leave but we’ve updated any changes since our last Report on 17 December 2018.
As the market continues to correct, the bias remains to the upside in terms of analyst recommendations.
You can hang three upgrades on your tree, with Adelaide Brighton, Inghams and QBE Insurance in the good books.
South32 gets an upgrade, BHP gets a downgrade, and 10 companies that have had their forecast current year earnings raised or lowered by the brokers last week.
Upgrades have just outnumbered downgrades 7 to 6.