For the week ending Friday, 18th October 2019, FNArena counted 11 upgrades and 14 downgrades for ASX-listed stocks by the seven stockbrokers monitored daily. Of the 11 upgrades, seven moved to a fresh Buy. Half of the downgrades stopped at Hold/Neutral.
Among those stocks receiving a fresh Sell rating we find Bank of Queensland, twice, on the back of yet another disappointing financial report release, also again including a reduction for the shareholders' dividend. Alumina ltd, HT&E, OZ Minerals, Pilbara Minerals and Suncorp all received one fresh Sell rating during the week.
On the other side of the ledger, fresh Buy ratings befell each of Alliance Aviation Services, HRL Holdings, IOOF Holdings, Nick Scali, Perseus Mining, St Barbara, and Steadfast Group.