Buy, Hold, Sell – What the Brokers Say

Founder of FNArena
Print This Post A A A

The ASX remains a share market polarised by rising share prices and lack of broad earnings momentum.

For the week ending Friday 15 November 2019, FNArena registered nine upgrades for individual ASX-listed stocks and 11 downgrades. The difference in favour of downgrades is caused by Incitec Pivot and OZ Minerals who received three and two downgrades respectively, while Domain Holdings remained the sole receiver of multiple (2x) upgrades.

Good news stems from the observation eight of the nine upgrades shifted to Buy (or an equivalent) while five of the 11 downgrades moved to Sell.

Also from this edition