Buy, Hold, Sell – what the brokers say

Founder of FNArena
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Last week the Australian share market's resilience in the face of Wall Street weakness was supported by stockbroking analysts issuing a high number of upgrades for ASX-listed stocks.

A noticeable switch from previous weeks has taken place in earnings estimate with the balance for the week firmly favouring negative adjustments. Amongst the heaviest hit, we find QBE Insurance, Perseus Mining and Independence Group, as well as Virgin Australia, Fortescue Metals and 3P Learning.

Among those enjoying positive revisions, we find Beach Energy, Platinum Asset Management, Treasury Wine Estates and Lovisa Holdings.

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