Buy, Hold, Sell – What the Brokers Say

Founder of FNArena
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As the dichotomy between corporate earnings under pressure and share market indices near an all-time high persists, it should be no wonder stockbroking analysts continue issuing decisively more downgrades than upgrades for individual ASX-listed stocks.

It should be noted that, while the RBA is widely criticised for lowering the cash rate further in 2019, a record number of Australian companies is issuing profit warnings; a trend that continued up until last Friday.

For the week ending Friday 2 August 2019, FNArena registered 10 upgrades versus 26 downgrades.

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