Buy, Sell, Hold
For the week ending Friday 14 June 2019, FNArena registered three upgrades for individual ASX-listed entities against six downgrades.
There has been just one upgrade and one downgrade so far this week following the Queen’s Birthday public holiday on Monday.
There have been more downgrades than upgrades this week.
For the week ending Friday 31 May 2019, FNArena registered 17 downgrades in recommendations for individual ASX-listed stocks against only 8 upgrades.
Vocus Group (VOC) has been upgraded two stockbrokers this week, while Bluescope Steel (BSL) and QBE Insurance (QBE) have each received two downgrades.
Against a background of portfolio reshuffling and short covering post the surprise election outcome in Australia, local stockbroking analysts are busier than on..