Stock Market News
Broker Forecasts - Challenges looming for Ryanair this summer, says broker
The broker has cut its forecast for profit after tax at the airline for the current financial year - which ends next March - to €960m. That's 7pc lower than the current consensus figure among analysts ...
Broker tips: Glencore, Just Eat
With seaborne coal markets now in surplus from a deficit previously, RBC moved its price forecasts to $76/t for 2019 and $80/t for 2020 from $100/t previously and consensus of $90/t. "We remain ...
Top brokers name 3 ASX shares to sell today
According to the note, although the broker has upgraded its oil prices forecasts, it believes the Santos share price is still overvalued at current levels after an impressive share price gain in 2019. ...
Ryanair shares fall on broker profit outlook cut
Ryanair shares fell by more than 1.4% after a leading broker significantly lowered its profit forecast for the airline. Ryanair is due to publish annual results next month and expecting to show an ...
Brokers cut forecasts for coffee, wheat forecasts - but remain upbeat
Brokers remain upbeat on prospects for coffee and wheat futures, despite cutting price forecasts, although they remain less upbeat on cocoa and cotton values ahead. Commentators maintain a positive ...
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