The end of a busy February reporting season has significantly reduced the research output by stockbrokers, but this has not prevented sell-side analysts from continuing to issue more downgrades than upgrades for ASX-listed stocks. The fact the ASX200 might be hovering near 6200 might have something to do with it.
For the week ending Friday 15 March 2019, FNArena registered eight downgrades versus only three upgrades. All upgrades shifted to Buy or an equivalent of Buy.
The stand-out observation, perhaps, is that ANZ Bank received two downgrades during the week, of which one went to Sell.