Buy, Hold, Sell – What the Brokers Say

Founder of FNArena
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More downgrades than upgrades for ASX-listed stocks thus far into the February reporting season, with earnings estimates making an unexpected bend upwards, on balance, but also with valuations and price targets coming under intense pressure from companies who fail to live up to expectations.

Welcome to investing in the share market anno 2020.

For the week ending Friday 14 February 2020, FNArena registered 18 upgrades in recommendations against 21 downgrades. Only nine of the upgrades moved to Buy (50%) while nine of the downgrades moved to Sell.

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