##{"id":59071,"date":"2011-10-31T09:56:25","date_gmt":"2011-10-30T22:56:25","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/10\/31\/top-ten-weekly-recommendation-target-price-earnings-forecast-changes-18\/"},"modified":"2011-10-31T09:56:25","modified_gmt":"2011-10-30T22:56:25","slug":"top-ten-weekly-recommendation-target-price-earnings-forecast-changes-18","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/10\/31\/top-ten-weekly-recommendation-target-price-earnings-forecast-changes-18\/","title":{"rendered":"Top Ten Weekly Recommendation, Target Price, Earnings Forecast Changes"},"content":{"rendered":"

\n\tBy Chris Shaw<\/p>\n

\n\tAs companies have updated outlook commentary at annual general meetings over the past week, stockbrokers have reacted by making double the number of ratings downgrades to upgrades. Among the eight brokers in the FNArena<\/span> database eight ratings were upgraded this week against 16 downgrades, meaning total Buy recommendations have fallen to 58.2% from 58.7% previously.<\/p>\n

\n\tOne to enjoy an upgrade in rating was Wotif.com<\/span> ((WTF)), with BA Merrill Lynch lifting its rating to Neutral from Underperform<\/span>. The upgrade reflects both minor changes to estimates following updated guidance from management and underperformance<\/span> by the stock over the past 12 months that has improved the value on offer. The show stopper during the week was biotech Pharmaxis<\/span> ((PXS<\/span>)) who finally received product approval from Europe which saw investors jumping back in the shares and stockbrokers (3) lifting their ratings and price targets.<\/p>\n

\n\tSingTel<\/span> ((SGT<\/span>)) was also upgraded to Overweight by JP Morgan, this to account for the expectation Singapore's NBN<\/span> project will solidify the company's dominant position in that market. Regional asset earnings growth should also be solid and this sees the broker ahead of consensus with its earnings forecasts. Alacer<\/span> Gold was upgraded too, by two notches to Buy by Credit Suisse.<\/p>\n

\n\tSouthern Cross Media ((SXL<\/span>)) saw an initiation of coverage with an Outperform rating by Credit Suisse and this has lifted the consensus recommendation for the company. In the view of the broker, while ratings are under pressure and advertising is weaker this appears priced into the stock at current levels.<\/p>\n

\n\tOn the downgrade side Oz Minerals ((OZL<\/span>)) saw RBS<\/span> Australia move to a Hold from Buy previously on the back of changes to commodity price assumptions and foreign exchange forecasts. Kingsgate<\/span> Consolidated ((KCN<\/span>)) was similarly downgraded to a Hold rating by RBS<\/span>. Earnings estimates and price targets were also adjusted, the move on OZL<\/span> by RBS<\/span> following similar downgrades a week earlier by UBS and Credit Suisse.<\/p>\n

\n\tBrokers have continued to react to Super Retail's ((SUL<\/span>)) move to acquire Rebel Sport with Citi<\/span> the latest to downgrade to Neutral from Buy previously, with associated changes to earnings estimates and price target.<\/p>\n

\n\tResMed<\/span> ((RMD<\/span>)) was similarly downgraded by Credit Suisse following a Q1 result that showed the group's markets were relatively challenging at present. Earnings estimates and price targets for ResMed<\/span> across the market have also been revised on the back of the result.<\/p>\n

\n\tFollowing an investor day JP Morgan suggests the market may have gotten a little ahead of itself with respect to the outlook for WorleyParsons<\/span> ((WOR<\/span>)), so the broker downgraded to Underweight from Neutral. The change in rating has been accompanied by adjustments to earnings estimates and price target.<\/p>\n

\n\tCaltex ((CTX)) has also received a few changes to ratings in recent sessions, both BA Merrill Lynch and Citi<\/span> downgrading to a Neutral rating on valuation grounds while Credit Suisse has upgraded to a Neutral rating on the back of an increase in price target on news of a rationalisation of operations at the Kurnell refinery.<\/p>\n

\n\tValuation has come into play for Computershare ((CPU)) as adjustments to RBS<\/span> Australia's model and target have been enough to prompt a downgrade to a Hold rating, while Credit Suisse has done the same with Wesfarmers ((WES)). Relative pricing grounds have seen UBS cut its rating on Charter Hall Retail ((CQR)) to Hold.<\/p>\n

\n\tSome minor changes to its model have caused RBS<\/span> to lift earnings and price target for Adelaide Brighton ((ABC)), while BA-ML has gone the other way in cutting forecasts and target for Insurance Australia Group ((IAG)) given a tough market for insurance margins and some capital issues. <\/p>\n

\n\tLeading into next week's result Macquarie has cut its target for CSR ((CSR)) on the back of some adjustments to estimates, which follows a similar move by UBS earlier this month.<\/p>\n

\n\tEarnings forecasts have been lifted for Regis Resources ((RRL)) following a solid quarter of production, while estimates for Santos ((STO)) and Woodside ((WPL)) have similarly increased post respective production reports.<\/p>\n

\n\tStill strong exploration activity levels have prompted RBS<\/span> to lift forecasts for Imdex ((IMD)), which has also generated an increase in price target. The changes follow similar adjustments made by BA-ML and Deutsche Bank. <\/p>\n

\n\tFurther progress at Maules Creek has seen RBS<\/span> lift earnings estimates for Aston ((AZT)), while a solid quarterly report from Webjet ((WEB)) has been enough for BA-ML and UBS to lift earnings estimates and price targets.<\/p>\n

\n\tChanges to earnings estimates for Panoramic ((PAN)) are more a reflection of changes to expectations for commodity prices and foreign exchange rates than operational issues, but weaker production and sales have been behind cuts to expectations for Gloucester Coal ((GCL)).<\/p>\n

\n\tForecasts for Macquarie Atlas ((MQA)) have come down post a slightly weaker Q3 traffic result, while weaker nickel prices are impacting on earnings estimates for Western Areas ((WSA)). On the back of a reasonable quarterly production report there have been modest changes to estimates for Atlas Iron ((AGO)), while the announcement of a capital raising has resulted in adjustments to estimates for Transpacific Industries ((TPI)). <\/p>\n

\n\tTough operating conditions have seen forecasts lowered for GWA International ((GWA)), while changed commodity price and forex assumptions have prompted a lowering of earnings estimates for BHP Billiton ((BHP)).<\/p>\n

\n\t <\/p>\n\n\n\n\n
\n\t\t\t\tTotal Recommendations<\/strong>
\n\t\t\t\t<\/td>\n		\n\t\t\t\tRecommendation Changes<\/strong>
\n\t\t\t\t<\/td>\n<\/tr>\n
\n

\n\t\t\t\t\t <\/p>\n

\t\t\t\tBroker Recommendation Breakup<\/strong>
\n\t\t\t\tSuisse,Deutsche<*br*>Bank,JP<*br*>Morgan,Macquarie,RBS<*br*>Australia,UBS&b0=123,122,130,105,88,146,196,160&h0=75,90,77,118,88,92,104,76&s0=39,15,12,5,26,21,6,13″ style=”border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid” \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\t <\/p>\n

\n

\n\t\tBroker Rating<\/h2>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\tCompany<\/th>\n\n\t\t\t\t\t\tOld Rating<\/th>\n\n\t\t\t\t\t\tNew Rating<\/th>\n\n\t\t\t\t\t\tBroker<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\tUpgrade<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\tALACER GOLD CORP<\/a><\/td>\n\n\t\t\t\t\t\tSell<\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tCredit Suisse<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tPharmaxis<\/span> Ltd<\/a><\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tRBS<\/span> Australia<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\tPharmaxis<\/span> Ltd<\/a><\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tBA-Merrill Lynch<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\tPharmaxis<\/span> Ltd<\/a><\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tCredit Suisse<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\tSINGAPORE TELECOMMUNICATIONS LIMITED<\/a><\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tJP Morgan<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\tWOTIF.COM HOLDINGS LIMITED<\/a><\/td>\n\n\t\t\t\t\t\tSell<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tBA-Merrill Lynch<\/td>\n<\/tr>\n
\n\t\t\t\t\t\tDowngrade<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\tADELAIDE BRIGHTON LIMITED<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tRBS<\/span> Australia<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t8<\/td>\n\n\t\t\t\t\t\tCALTEX AUSTRALIA LIMITED<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tBA-Merrill Lynch<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t9<\/td>\n\n\t\t\t\t\t\tCHARTER HALL RETAIL REIT<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tUBS<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t10<\/td>\n\n\t\t\t\t\t\tCSG LIMITED<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tRBS<\/span> Australia<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t11<\/td>\n\n\t\t\t\t\t\tINSURANCE AUSTRALIA GROUP LIMITED<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tBA-Merrill Lynch<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t12<\/td>\n\n\t\t\t\t\t\tKINGSGATE CONSOLIDATED LIMITED<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tRBS<\/span> Australia<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t13<\/td>\n\n\t\t\t\t\t\tOZ MINERALS LIMITED <\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tRBS<\/span> Australia<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t14<\/td>\n\n\t\t\t\t\t\tPRIMARY HEALTH CARE LIMITED<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tCredit Suisse<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t15<\/td>\n\n\t\t\t\t\t\tRESMED INC<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tCredit Suisse<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t16<\/td>\n\n\t\t\t\t\t\tWESFARMERS LIMITED<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tCredit Suisse<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t17<\/td>\n\n\t\t\t\t\t\tWESTERN AREAS NL<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tUBS<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t18<\/td>\n\n\t\t\t\t\t\tWESTFIELD RETAIL TRUST<\/a><\/td>\n\n\t\t\t\t\t\tBuy<\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tDeutsche Bank<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t19<\/td>\n\n\t\t\t\t\t\tWORLEYPARSONS LIMITED<\/a><\/td>\n\n\t\t\t\t\t\tNeutral<\/td>\n\n\t\t\t\t\t\tSell<\/td>\n\n\t\t\t\t\t\tJP Morgan<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n
\n\t\t <\/div>\n<\/div>\n
\n

\n\t\tRecommendation<\/h2>\n
\n

\n\t\t\tPositive Change Covered by > 2 Brokers<\/h3>\n\n\n\n\n\n\n\n\n
\n\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\tPrevious Rating<\/th>\n\n\t\t\t\t\t\tNew Rating<\/th>\n\n\t\t\t\t\t\tChange<\/th>\n\n\t\t\t\t\t\tRecs<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\tRRL<\/a><\/td>\n\n\t\t\t\t\t\t33.0%<\/td>\n\n\t\t\t\t\t\t67.0%<\/td>\n\n\t\t\t\t\t\t34.0%<\/td>\n\n\t\t\t\t\t\t3<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tWTF<\/a><\/td>\n\n\t\t\t\t\t\t25.0%<\/td>\n\n\t\t\t\t\t\t38.0%<\/td>\n\n\t\t\t\t\t\t13.0%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\tSGT<\/span><\/a><\/td>\n\n\t\t\t\t\t\t40.0%<\/td>\n\n\t\t\t\t\t\t50.0%<\/td>\n\n\t\t\t\t\t\t10.0%<\/td>\n\n\t\t\t\t\t\t6<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\tSXL<\/span><\/a><\/td>\n\n\t\t\t\t\t\t71.0%<\/td>\n\n\t\t\t\t\t\t75.0%<\/td>\n\n\t\t\t\t\t\t4.0%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n
\n

\n\t\t\tNegative Change Covered by > 2 Brokers<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\tPrevious Rating<\/th>\n\n\t\t\t\t\t\tNew Rating<\/th>\n\n\t\t\t\t\t\tChange<\/th>\n\n\t\t\t\t\t\tRecs<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\tOZL<\/span><\/a><\/td>\n\n\t\t\t\t\t\t88.0%<\/td>\n\n\t\t\t\t\t\t50.0%<\/td>\n\n\t\t\t\t\t\t– 38.0%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tSUL<\/span><\/a><\/td>\n\n\t\t\t\t\t\t67.0%<\/td>\n\n\t\t\t\t\t\t33.0%<\/td>\n\n\t\t\t\t\t\t– 34.0%<\/td>\n\n\t\t\t\t\t\t6<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\tRMD<\/span><\/a><\/td>\n\n\t\t\t\t\t\t63.0%<\/td>\n\n\t\t\t\t\t\t38.0%<\/td>\n\n\t\t\t\t\t\t– 25.0%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\tKCN<\/span><\/a><\/td>\n\n\t\t\t\t\t\t80.0%<\/td>\n\n\t\t\t\t\t\t60.0%<\/td>\n\n\t\t\t\t\t\t– 20.0%<\/td>\n\n\t\t\t\t\t\t5<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\tWOR<\/span><\/a><\/td>\n\n\t\t\t\t\t\t33.0%<\/td>\n\n\t\t\t\t\t\t14.0%<\/td>\n\n\t\t\t\t\t\t– 19.0%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\tCTX<\/a><\/td>\n\n\t\t\t\t\t\t33.0%<\/td>\n\n\t\t\t\t\t\t17.0%<\/td>\n\n\t\t\t\t\t\t– 16.0%<\/td>\n\n\t\t\t\t\t\t6<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\tCPU<\/a><\/td>\n\n\t\t\t\t\t\t29.0%<\/td>\n\n\t\t\t\t\t\t14.0%<\/td>\n\n\t\t\t\t\t\t– 15.0%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t8<\/td>\n\n\t\t\t\t\t\tCQR<\/a><\/td>\n\n\t\t\t\t\t\t29.0%<\/td>\n\n\t\t\t\t\t\t14.0%<\/td>\n\n\t\t\t\t\t\t– 15.0%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t9<\/td>\n\n\t\t\t\t\t\tWRT<\/a><\/td>\n\n\t\t\t\t\t\t100.0%<\/td>\n\n\t\t\t\t\t\t86.0%<\/td>\n\n\t\t\t\t\t\t– 14.0%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t10<\/td>\n\n\t\t\t\t\t\tWES<\/a><\/td>\n\n\t\t\t\t\t\t63.0%<\/td>\n\n\t\t\t\t\t\t50.0%<\/td>\n\n\t\t\t\t\t\t– 13.0%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n
\n\t\t <\/div>\n<\/div>\n
\n

\n\t\tTarget Price<\/h2>\n
\n

\n\t\t\tPositive Change Covered by > 2 Brokers<\/h3>\n\n\n\n\n\n\n\n
\n\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\tPrevious Target<\/th>\n\n\t\t\t\t\t\tNew Target<\/th>\n\n\t\t\t\t\t\tChange<\/th>\n\n\t\t\t\t\t\tRecs<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\tABC<\/a><\/td>\n\n\t\t\t\t\t\t3.343<\/td>\n\n\t\t\t\t\t\t3.348<\/td>\n\n\t\t\t\t\t\t0.15%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tCQR<\/a><\/td>\n\n\t\t\t\t\t\t3.317<\/td>\n\n\t\t\t\t\t\t3.321<\/td>\n\n\t\t\t\t\t\t0.12%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\tSVW<\/a><\/td>\n\n\t\t\t\t\t\t9.314<\/td>\n\n\t\t\t\t\t\t9.318<\/td>\n\n\t\t\t\t\t\t0.04%<\/td>\n\n\t\t\t\t\t\t4<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n
\n

\n\t\t\tNegative Change Covered by > 2 Brokers<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\tPrevious Target<\/th>\n\n\t\t\t\t\t\tNew Target<\/th>\n\n\t\t\t\t\t\tChange<\/th>\n\n\t\t\t\t\t\tRecs<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\tRMD<\/span><\/a><\/td>\n\n\t\t\t\t\t\t3.527<\/td>\n\n\t\t\t\t\t\t3.193<\/td>\n\n\t\t\t\t\t\t– 9.47%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tOZL<\/span><\/a><\/td>\n\n\t\t\t\t\t\t13.729<\/td>\n\n\t\t\t\t\t\t12.919<\/td>\n\n\t\t\t\t\t\t– 5.90%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\tSUL<\/span><\/a><\/td>\n\n\t\t\t\t\t\t7.155<\/td>\n\n\t\t\t\t\t\t6.756<\/td>\n\n\t\t\t\t\t\t– 5.58%<\/td>\n\n\t\t\t\t\t\t6<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\tKCN<\/span><\/a><\/td>\n\n\t\t\t\t\t\t9.658<\/td>\n\n\t\t\t\t\t\t9.444<\/td>\n\n\t\t\t\t\t\t– 2.22%<\/td>\n\n\t\t\t\t\t\t5<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\tIAG<\/a><\/td>\n\n\t\t\t\t\t\t3.508<\/td>\n\n\t\t\t\t\t\t3.435<\/td>\n\n\t\t\t\t\t\t– 2.08%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\tWTF<\/a><\/td>\n\n\t\t\t\t\t\t4.425<\/td>\n\n\t\t\t\t\t\t4.348<\/td>\n\n\t\t\t\t\t\t– 1.74%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\tRRL<\/a><\/td>\n\n\t\t\t\t\t\t3.287<\/td>\n\n\t\t\t\t\t\t3.257<\/td>\n\n\t\t\t\t\t\t– 0.91%<\/td>\n\n\t\t\t\t\t\t3<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t8<\/td>\n\n\t\t\t\t\t\tWES<\/a><\/td>\n\n\t\t\t\t\t\t33.108<\/td>\n\n\t\t\t\t\t\t32.941<\/td>\n\n\t\t\t\t\t\t– 0.50%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t9<\/td>\n\n\t\t\t\t\t\tCSR<\/a><\/td>\n\n\t\t\t\t\t\t2.818<\/td>\n\n\t\t\t\t\t\t2.805<\/td>\n\n\t\t\t\t\t\t– 0.46%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t10<\/td>\n\n\t\t\t\t\t\tWOR<\/span><\/a><\/td>\n\n\t\t\t\t\t\t28.862<\/td>\n\n\t\t\t\t\t\t28.769<\/td>\n\n\t\t\t\t\t\t– 0.32%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n
\n\t\t <\/div>\n<\/div>\n
\n

\n\t\tEarning Forecast<\/h2>\n
\n

\n\t\t\tPositive Change Covered by > 2 Brokers<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\tPrevious EF<\/th>\n\n\t\t\t\t\t\tNew EF<\/th>\n\n\t\t\t\t\t\tChange<\/th>\n\n\t\t\t\t\t\tRecs<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\tMAP<\/a><\/td>\n\n\t\t\t\t\t\t6.187<\/td>\n\n\t\t\t\t\t\t7.259<\/td>\n\n\t\t\t\t\t\t17.33%<\/td>\n\n\t\t\t\t\t\t6<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tRRL<\/a><\/td>\n\n\t\t\t\t\t\t13.607<\/td>\n\n\t\t\t\t\t\t15.867<\/td>\n\n\t\t\t\t\t\t16.61%<\/td>\n\n\t\t\t\t\t\t3<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\tSTO<\/a><\/td>\n\n\t\t\t\t\t\t56.425<\/td>\n\n\t\t\t\t\t\t61.125<\/td>\n\n\t\t\t\t\t\t8.33%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\tWPL<\/a><\/td>\n\n\t\t\t\t\t\t205.928<\/td>\n\n\t\t\t\t\t\t216.457<\/td>\n\n\t\t\t\t\t\t5.11%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\tOSH<\/a><\/td>\n\n\t\t\t\t\t\t14.479<\/td>\n\n\t\t\t\t\t\t14.902<\/td>\n\n\t\t\t\t\t\t2.92%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\tMQG<\/a><\/td>\n\n\t\t\t\t\t\t261.386<\/td>\n\n\t\t\t\t\t\t268.214<\/td>\n\n\t\t\t\t\t\t2.61%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\tIMD<\/a><\/td>\n\n\t\t\t\t\t\t20.133<\/td>\n\n\t\t\t\t\t\t20.467<\/td>\n\n\t\t\t\t\t\t1.66%<\/td>\n\n\t\t\t\t\t\t3<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t8<\/td>\n\n\t\t\t\t\t\tAZT<\/a><\/td>\n\n\t\t\t\t\t\t24.900<\/td>\n\n\t\t\t\t\t\t25.275<\/td>\n\n\t\t\t\t\t\t1.51%<\/td>\n\n\t\t\t\t\t\t4<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t9<\/td>\n\n\t\t\t\t\t\tWEB<\/a><\/td>\n\n\t\t\t\t\t\t16.900<\/td>\n\n\t\t\t\t\t\t17.125<\/td>\n\n\t\t\t\t\t\t1.33%<\/td>\n\n\t\t\t\t\t\t4<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t10<\/td>\n\n\t\t\t\t\t\tMMS<\/a><\/td>\n\n\t\t\t\t\t\t72.567<\/td>\n\n\t\t\t\t\t\t73.333<\/td>\n\n\t\t\t\t\t\t1.06%<\/td>\n\n\t\t\t\t\t\t3<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n
\n

\n\t\t\tNegative Change Covered by > 2 Brokers<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n\t\t\t\t\t\tOrder<\/th>\n\n\t\t\t\t\t\tSymbol<\/th>\n\n\t\t\t\t\t\tPrevious EF<\/th>\n\n\t\t\t\t\t\tNew EF<\/th>\n\n\t\t\t\t\t\tChange<\/th>\n\n\t\t\t\t\t\tRecs<\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\tPAN<\/a><\/td>\n\n\t\t\t\t\t\t16.450<\/td>\n\n\t\t\t\t\t\t11.475<\/td>\n\n\t\t\t\t\t\t– 30.24%<\/td>\n\n\t\t\t\t\t\t4<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tGCL<\/a><\/td>\n\n\t\t\t\t\t\t50.200<\/td>\n\n\t\t\t\t\t\t41.220<\/td>\n\n\t\t\t\t\t\t– 17.89%<\/td>\n\n\t\t\t\t\t\t5<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\tOZL<\/span><\/a><\/td>\n\n\t\t\t\t\t\t113.513<\/td>\n\n\t\t\t\t\t\t94.029<\/td>\n\n\t\t\t\t\t\t– 17.16%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\tMQA<\/a><\/td>\n\n\t\t\t\t\t\t9.683<\/td>\n\n\t\t\t\t\t\t8.433<\/td>\n\n\t\t\t\t\t\t– 12.91%<\/td>\n\n\t\t\t\t\t\t6<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\tWSA<\/a><\/td>\n\n\t\t\t\t\t\t53.667<\/td>\n\n\t\t\t\t\t\t48.700<\/td>\n\n\t\t\t\t\t\t– 9.26%<\/td>\n\n\t\t\t\t\t\t6<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\tAGO<\/a><\/td>\n\n\t\t\t\t\t\t34.850<\/td>\n\n\t\t\t\t\t\t31.638<\/td>\n\n\t\t\t\t\t\t– 9.22%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\tTPI<\/a><\/td>\n\n\t\t\t\t\t\t7.233<\/td>\n\n\t\t\t\t\t\t6.567<\/td>\n\n\t\t\t\t\t\t– 9.21%<\/td>\n\n\t\t\t\t\t\t6<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t8<\/td>\n\n\t\t\t\t\t\tGWA<\/a><\/td>\n\n\t\t\t\t\t\t19.583<\/td>\n\n\t\t\t\t\t\t18.117<\/td>\n\n\t\t\t\t\t\t– 7.49%<\/td>\n\n\t\t\t\t\t\t6<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t9<\/td>\n\n\t\t\t\t\t\tGRR<\/a><\/td>\n\n\t\t\t\t\t\t10.900<\/td>\n\n\t\t\t\t\t\t10.250<\/td>\n\n\t\t\t\t\t\t– 5.96%<\/td>\n\n\t\t\t\t\t\t4<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t10<\/td>\n\n\t\t\t\t\t\tBHP<\/a><\/td>\n\n\t\t\t\t\t\t447.715<\/td>\n\n\t\t\t\t\t\t421.154<\/td>\n\n\t\t\t\t\t\t– 5.93%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n
\n\t\t <\/div>\n<\/div>\n
\n

\n\t\tTechnical limitations<\/strong><\/p>\n

\n\t\tIf you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, we apologise<\/span><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n

\n\t\tFind out why FNArena<\/span><\/span> subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Weekly update on recommendation, target price, and earnings forecast changes.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[90,23,45,89,35,24,39,91,88,42,37,31,30],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59071"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=59071"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59071\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=59071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=59071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=59071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}