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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Reporting season finds brokers rather pessimistic. Skilled Group received an upgrade to put it in perfect positive territory and Worley moved into positive territory with an upgrade but ASX moved furt..
Expectations are low this reporting season. Many brokers believe that current share prices are sufficiently reflecting targets. There is some good news though, with Brambles and Newcrest Mining both r..
Securities analysts and investment strategists saw fit to downgrade more than upgrade this week. One of the main reasons was share prices running up too high. Downgrades outnumbered upgrades 2:1.
Over the past week, brokers upgraded seven stocks and downgraded eight, and all have updated their forecast for the Australian share market, believing the ASX 200 will end over 5,000 this year.
It has been a big week for securities analysts with a total of 40 upgrades and downgrades made to Australian listed stocks. Downgrades continue to outnumber upgrades.
We’re only two weeks into the new year and already there has been a significant changes compared with calendar 2012. It’s been a busy week with 32 change in stock ratings.