Buy, Hold, Sell – What the Brokers Say

Founder of FNArena
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As the share market effectively moves sideways, through a lot of volatility, stockbroker changes in ratings for ASX-listed stocks stay fairly balanced between upgrades and downgrades. 

For the week ending Friday, 15 May 2020, FNArena registered 15 upgrades and 16 downgrades. 

As a direct result, total Buy (and equivalent) recommendations for Australian stocks by the seven stockbrokers monitored daily has thus far failed to break above 50% of total stock recommendations. 

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