Buy, Hold, Sell: What the brokers say

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Ansell (ANN) Upgraded to Accumulate from Hold by Ord Minnett B/H/S: 3/2/1

Ahead of the company's investor briefing, Ord Minnett re-assesses the potential benefits of the company's transformation program and lifts earnings estimates to allow for relatively low-risk cost reductions in FY18. Given the potential upside, the broker upgrades to Accumulate from Hold and raises the target to $25.50 from $21.40. This stock is not covered in-house by Ord Minnett. Instead, the broker whitelabels research by JP Morgan.


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