Buy, Hold, Sell – What the Brokers Say

Founder of FNArena
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Stockbroking analysts haven't been loafing around these past few weeks, updating forecasting models as the August reporting season approaches, but the news has remained negatively biased as downgrades continue outnumbering upgrades, and with earnings forecasts, on balance, continuing to slide further downwards.

For the week ending Friday 19 July 2019, FNArena registered seven upgrades for individual ASX-listed entities; again outnumbered by 15 downgrades.

Total numbers for the seven leading stockbrokerages monitored daily are now Buy 38.79%, Hold 44.46% and Sell 16.75%. The gap between total Buy ratings and Neutral/Holds has seldom been this wide, if ever.

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