Stock Market News
Broker Forecasts - Brokers have just upgraded these 2 stocks to “buy”
Credit Suisse upgraded Magellan to “outperform” from “neutral” as the broker increased its earnings forecast by circa 10% for FY19 and around 5% for each of the following two years. The more bullish e...
Brokers Offer Predictions for General Electric’s Q3 2018 Earnings (GE)
Oppenheimer analyst C. Glynn now forecasts that the conglomerate will earn $0.20 per share for the quarter, down from their prior forecast of $0.22. Oppenheimer has a “Neutral” rating on the stock. Op...
Top brokers name 3 ASX shares to buy today
The broker has forecast an EBIT compound annual growth rate of 9.7% between FY 2018 and FY 2021, including acquisitions. I agree with Goldman and would suggest investors take a closer look at Orora af...
Broker tips: Jupiter Fund Management, ITE
Canaccord was encouraged by ITE's 2018 full-year revenues coming in "bang in line" with its forecasts, after a year of significant change. The broker also saw ITE's £300m acquisition of Ascential Even...
Broker picks oil stocks which could benefit most from rising crude prices
In both spot and forward curve scenarios, we see sizeable upgrades to forecasts,” said Ord Minnett ... The stock’s NPV would jump by 43% to $12.60 a share from the broker’s base case if the current Br...
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