{"id":61460,"date":"2013-03-11T10:00:21","date_gmt":"2013-03-10T23:00:21","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2013\/03\/11\/weekly-recommendation-target-price-earnings-forecast-changes-50\/"},"modified":"2013-03-11T10:00:21","modified_gmt":"2013-03-10T23:00:21","slug":"weekly-recommendation-target-price-earnings-forecast-changes-50","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2013\/03\/11\/weekly-recommendation-target-price-earnings-forecast-changes-50\/","title":{"rendered":"Weekly Recommendation, Target Price, Earnings Forecast Changes"},"content":{"rendered":"

\n\tBy Andrew Nelson<\/p>\n

\n\tNow that the February reporting season is history, overall activity among stockbrokerages has slowed down significantly. The previous week saw more than 60 changes in ratings for individual stocks. Last week we only recorded 17. The balance has turned back in favour<\/span> of upgrades.<\/p>\n

\n\tAquila<\/span> Resources ((AQA<\/span>)) was upgraded to Hold from Sell by JP Morgan, the broker citing recent share price weakness and some corporate appeal given good cash backing, a nice basket of mining tenements and infrastructure in the Pilbara<\/span> for its decision. The change has shifted the stock to a neutral sentiment in the FNArena<\/span> Database.<\/p>\n

\n\tAurizon<\/span> Holding ((AZJ<\/span>)) was lifted to Buy from Hold by Deutsche Bank on news the company had secured all of the BHP<\/span> Billiton<\/span> ((BHP<\/span>)) alliance volume shipments from 2015\/16 under a new 12-year contract for coal haulage in Queensland. The broker noted this is the largest contract in the market and ensures the use of Aurizon's<\/span> assets. CIMB<\/span> was of a different view, downgrading its recommendation to Hold from Buy. The broker had been anticipating the news and sees limited upside going forward and thus prefers Asciano<\/span> ((AIO<\/span>)) in the space.<\/p>\n

\n\tNufarm<\/span> ((NUF<\/span>)) received two upgrades, from Sell to Buy from Credit Suisse and from Sell to Hold from Macquarie. The company was informed by Monsanto that it would no longer hold the manufacturing and distribution rights for weed exterminator RoundUp<\/span>. While shares tanked on the news, both brokers thought the estimated impact on earnings would be nowhere near as bad as many had initially assumed and thus the share price fall was overdone. Despite the upgrades, shares have maintained their negative sentiment footing.<\/p>\n

\n\tThere were five upgrades pushed through for Sandfire<\/span> Resources ((SFR)), with JP Morgan and Credit Suisse lifting from Sell to Hold and Citi<\/span>, UBS and Deutsche Bank upgrading to Hold from Buy. The 1H<\/span> report was anywhere from in-line to a slight beat and provided little impact in and of itself, although forecasts were trimmed for the most part. What brokers did respond to was the recent weakness in the share price, lower costs and rapidly improving recoveries at DeGrussa<\/span>. In the case of JP Morgan, a favorable copper outlook contributed too. Sentiment is positive post the upgrades.<\/p>\n

\n\tUGL<\/span> ((UGL<\/span>)) was upgraded to Buy from Hold by Deutsche Bank, who pointed out exposure to a growing global property services market, ongoing cost out work, a share price that doesn't factor in growth opportunities in traditional markets and thus upside risk to consensus estimates. The broker also liked the 10% per year EPS growth out to FY16<\/span> on an 11.2x PER, 24% upside to the price target and a dividend yield of 7%. Sentiment has shifted to positive on the upgrade.<\/p>\n

\n\tWebjet<\/span> ((WEB)) was lifted to Buy from Hold by UBS, the broker noting the stock is trading in-line with the ASX<\/span> Industrials (ex finance), but should be trading at a 10%-15% premium given higher growth potential plus the upside from Zuji<\/span>. The broker acknowledges the stock is also trading in-line with online peers, but thinks it should also be at a premium here given better EPS growth prospects. Sentiment has shifted to positive on the upgrade.<\/p>\n

\n\tWestfield Retail Trust ((WRT<\/span>)) was bumped up to Buy from Hold on share price weakness post news founders the Lowy<\/span> family had sold their final 7.1% stake. Credit Suisse did not think this weakness accurately reflected the state of the trust and thus saw the price weakness as helping to bring about more meaningful buyback activity. Sentiment remains positive post the upgrade.<\/p>\n

\n\tMacquarie upgraded Westpac ((WBC)) to Hold from Sell on the belief the positive sector trends being reported by peers is likely providing benefit to Westpac as well. When 1H<\/span> numbers are released, Macquarie expects to see improved margins and given a benign outlook for impairments and strong capital ratios, the broker is also starting to see some chances of a capital return. Sentiment has shifted to neutral on the upgrade.<\/p>\n

\n\tThe last upgrade to report was Credit Suisse moving to Buy from Sell on Yancoal<\/span> Australia ((YAL<\/span>)). The broker expects the 2013 focus will be on cost reductions and efficiencies, although it did say it was upgrading because of the 21% potential upside to the price target from current levels. Sentiment has improved to neutral on the upgrade.<\/p>\n

\n\tEvolution Mining ((EVN<\/span>)) was downgraded to Hold from Buy, BA-Merrill Lynch making the move on lower forecasts for the gold price. The broker is still positive on gold, but doesn't believe the price will reach its US$2,000\/oz target until 2014. Sentiment on the stock remains positive.<\/p>\n

\n\tBA-Merrill Lynch also downgraded Saracen Mineral Holding ((SAR)), moving from Hold to Sell for the same exact reason it downgraded Evolution Mining; lower forecast gold prices and the belief that leveraged names are not the best way to gain exposure to gold in a less favourable<\/span> gold price environment. Sentiment has shifted to neutral on the downgrade.<\/p>\n

\n\tThere were a few significant changes to consensus price target last week, the biggest increase being a near 18% rise in Harvey Norman’s ((HVN<\/span>)) target and a near 12.5% lift in Peet<\/span> & Co’s ((PPC)). Gindalbie<\/span> Metals’ ((GBG<\/span>)) consensus target came off 10.3% and Nufarm’s<\/span> target sunk nearly 7.3%.<\/p>\n

\n\tAverage earnings forecasts in the FN<\/span> Arena Database also showed some significant revision, with forecasts for Harvey Norman up 7% and Independence Group’s ((IGO<\/span>)) up nearly 5.8%. Forecasts for Gindalbie<\/span> Metals were down more than 45%, Tap Oil ((TAP)) was down almost 38%, Discovery Metals ((DML<\/span>)) down nearly 29%, Iluka<\/span> ((ILU<\/span>)) 12.6% lower and Peet<\/span> & Co down 11.8%.<\/p>\n

\n\tNote: FNArena<\/span> monitors eight leading stockbrokers on a daily basis and the tables below are based on data analysis from the week past concerning these eight equity market experts. The eight experts in casu<\/span> are: BA-Merrill Lynch, Citi<\/span>, Credit Suisse, Deutsche Bank, JP Morgan, Macquarie, CIMB<\/span> (formerly RBS<\/span>) and UBS.<\/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\tSecurities,Citi,Credit<*br*>Suisse,Deutsche<*br*>Bank,JP<*br*>Morgan,Macquarie,UBS&b0=99,146,85,81,89,69,112,97&h0=80,153,118,104,138,106,123,137&s0=63,23,36,47,15,51,38,27″ style=”border:1px solid #000000;” \/><\/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\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\t AQUILA<\/span> RESOURCES 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\tJP Morgan<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\t AURIZON<\/span> HOLDINGS 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\tDeutsche Bank<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\t NUFARM<\/span> 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\tMacquarie<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\t NUFARM<\/span> LIMITED<\/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\t5<\/td>\n\n\t\t\t\t\t\t SANDFIRE<\/span> RESOURCES NL<\/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\tCiti<\/span><\/td>\n<\/tr>\n
\n\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\t SANDFIRE<\/span> RESOURCES NL<\/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\tJP Morgan<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\t SANDFIRE<\/span> RESOURCES NL<\/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\tUBS<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t8<\/td>\n\n\t\t\t\t\t\t SANDFIRE<\/span> RESOURCES NL<\/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\tCredit Suisse<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t9<\/td>\n\n\t\t\t\t\t\t SANDFIRE<\/span> RESOURCES NL<\/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\tDeutsche Bank<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t10<\/td>\n\n\t\t\t\t\t\t UGL<\/span> 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\tDeutsche Bank<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t11<\/td>\n\n\t\t\t\t\t\t Webjet<\/span> 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\tUBS<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t12<\/td>\n\n\t\t\t\t\t\t WESTFIELD RETAIL TRUST<\/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\t13<\/td>\n\n\t\t\t\t\t\t WESTPAC BANKING CORPORATION<\/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\tMacquarie<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t14<\/td>\n\n\t\t\t\t\t\t YANCOAL<\/span> AUSTRALIA LIMITED<\/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\tDowngrade<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t15<\/td>\n\n\t\t\t\t\t\t AURIZON<\/span> HOLDINGS 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\tCIMB<\/span> Securities<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t16<\/td>\n\n\t\t\t\t\t\t EVOLUTION MINING 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\t17<\/td>\n\n\t\t\t\t\t\t SARACEN MINERAL HOLDINGS 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\tBA-Merrill Lynch<\/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\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<\/span><\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\tSFR<\/a><\/td>\n\n\t\t\t\t\t\t– 14.0%<\/td>\n\n\t\t\t\t\t\t57.0%<\/td>\n\n\t\t\t\t\t\t71.0%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tNUF<\/span><\/a><\/td>\n\n\t\t\t\t\t\t– 50.0%<\/td>\n\n\t\t\t\t\t\t– 13.0%<\/td>\n\n\t\t\t\t\t\t37.0%<\/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\tHVN<\/span><\/a><\/td>\n\n\t\t\t\t\t\t– 50.0%<\/td>\n\n\t\t\t\t\t\t– 25.0%<\/td>\n\n\t\t\t\t\t\t25.0%<\/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\tPPC<\/a><\/td>\n\n\t\t\t\t\t\t60.0%<\/td>\n\n\t\t\t\t\t\t80.0%<\/td>\n\n\t\t\t\t\t\t20.0%<\/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\tNAB<\/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\t6<\/td>\n\n\t\t\t\t\t\tCBA<\/span><\/a><\/td>\n\n\t\t\t\t\t\t– 50.0%<\/td>\n\n\t\t\t\t\t\t– 38.0%<\/td>\n\n\t\t\t\t\t\t12.0%<\/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\tAQG<\/span><\/a><\/td>\n\n\t\t\t\t\t\t63.0%<\/td>\n\n\t\t\t\t\t\t75.0%<\/td>\n\n\t\t\t\t\t\t12.0%<\/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\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<\/span><\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\tGBG<\/span><\/a><\/td>\n\n\t\t\t\t\t\t20.0%<\/td>\n\n\t\t\t\t\t\t– 20.0%<\/td>\n\n\t\t\t\t\t\t– 40.0%<\/td>\n\n\t\t\t\t\t\t5<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tEVN<\/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\t3<\/td>\n\n\t\t\t\t\t\tHTA<\/span><\/a><\/td>\n\n\t\t\t\t\t\t– 50.0%<\/td>\n\n\t\t\t\t\t\t– 67.0%<\/td>\n\n\t\t\t\t\t\t– 17.0%<\/td>\n\n\t\t\t\t\t\t3<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\tALQ<\/span><\/a><\/td>\n\n\t\t\t\t\t\t– 13.0%<\/td>\n\n\t\t\t\t\t\t– 29.0%<\/td>\n\n\t\t\t\t\t\t– 16.0%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\tCOH<\/span><\/a><\/td>\n\n\t\t\t\t\t\t– 75.0%<\/td>\n\n\t\t\t\t\t\t– 88.0%<\/td>\n\n\t\t\t\t\t\t– 13.0%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\tBOQ<\/span><\/a><\/td>\n\n\t\t\t\t\t\t38.0%<\/td>\n\n\t\t\t\t\t\t25.0%<\/td>\n\n\t\t\t\t\t\t– 13.0%<\/td>\n\n\t\t\t\t\t\t8<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\tBEN<\/a><\/td>\n\n\t\t\t\t\t\t– 13.0%<\/td>\n\n\t\t\t\t\t\t– 25.0%<\/td>\n\n\t\t\t\t\t\t– 12.0%<\/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\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<\/span><\/th>\n<\/tr>\n<\/thead>\n
\n\t\t\t\t\t\t1<\/td>\n\n\t\t\t\t\t\tHVN<\/span><\/a><\/td>\n\n\t\t\t\t\t\t1.834<\/td>\n\n\t\t\t\t\t\t2.164<\/td>\n\n\t\t\t\t\t\t17.99%<\/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\tPPC<\/a><\/td>\n\n\t\t\t\t\t\t1.188<\/td>\n\n\t\t\t\t\t\t1.336<\/td>\n\n\t\t\t\t\t\t12.46%<\/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\tBOQ<\/a><\/td>\n\n\t\t\t\t\t\t7.991<\/td>\n\n\t\t\t\t\t\t8.120<\/td>\n\n\t\t\t\t\t\t1.61%<\/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\tNAB<\/a><\/td>\n\n\t\t\t\t\t\t28.435<\/td>\n\n\t\t\t\t\t\t28.770<\/td>\n\n\t\t\t\t\t\t1.18%<\/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\tBEN<\/a><\/td>\n\n\t\t\t\t\t\t9.484<\/td>\n\n\t\t\t\t\t\t9.551<\/td>\n\n\t\t\t\t\t\t0.71%<\/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\tCBA<\/a><\/td>\n\n\t\t\t\t\t\t62.398<\/td>\n\n\t\t\t\t\t\t62.725<\/td>\n\n\t\t\t\t\t\t0.52%<\/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\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\tGBG<\/a><\/td>\n\n\t\t\t\t\t\t0.330<\/td>\n\n\t\t\t\t\t\t0.296<\/td>\n\n\t\t\t\t\t\t– 10.30%<\/td>\n\n\t\t\t\t\t\t5<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tNUF<\/a><\/td>\n\n\t\t\t\t\t\t5.623<\/td>\n\n\t\t\t\t\t\t5.213<\/td>\n\n\t\t\t\t\t\t– 7.29%<\/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\tALQ<\/a><\/td>\n\n\t\t\t\t\t\t10.384<\/td>\n\n\t\t\t\t\t\t9.877<\/td>\n\n\t\t\t\t\t\t– 4.88%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\tSFR<\/a><\/td>\n\n\t\t\t\t\t\t8.057<\/td>\n\n\t\t\t\t\t\t7.759<\/td>\n\n\t\t\t\t\t\t– 3.70%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\tEVN<\/a><\/td>\n\n\t\t\t\t\t\t1.712<\/td>\n\n\t\t\t\t\t\t1.652<\/td>\n\n\t\t\t\t\t\t– 3.50%<\/td>\n\n\t\t\t\t\t\t5<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\tAQG<\/a><\/td>\n\n\t\t\t\t\t\t5.494<\/td>\n\n\t\t\t\t\t\t5.451<\/td>\n\n\t\t\t\t\t\t– 0.78%<\/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\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\tHVN<\/a><\/td>\n\n\t\t\t\t\t\t15.798<\/td>\n\n\t\t\t\t\t\t16.904<\/td>\n\n\t\t\t\t\t\t7.00%<\/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\tIGO<\/a><\/td>\n\n\t\t\t\t\t\t12.967<\/td>\n\n\t\t\t\t\t\t13.717<\/td>\n\n\t\t\t\t\t\t5.78%<\/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\tAIZ<\/a><\/td>\n\n\t\t\t\t\t\t10.979<\/td>\n\n\t\t\t\t\t\t11.422<\/td>\n\n\t\t\t\t\t\t4.03%<\/td>\n\n\t\t\t\t\t\t4<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\tPPT<\/a><\/td>\n\n\t\t\t\t\t\t177.600<\/td>\n\n\t\t\t\t\t\t183.166<\/td>\n\n\t\t\t\t\t\t3.13%<\/td>\n\n\t\t\t\t\t\t7<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t5<\/td>\n\n\t\t\t\t\t\tAZJ<\/a><\/td>\n\n\t\t\t\t\t\t20.011<\/td>\n\n\t\t\t\t\t\t20.075<\/td>\n\n\t\t\t\t\t\t0.32%<\/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\tHGG<\/a><\/td>\n\n\t\t\t\t\t\t18.792<\/td>\n\n\t\t\t\t\t\t18.847<\/td>\n\n\t\t\t\t\t\t0.29%<\/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\tPTM<\/a><\/td>\n\n\t\t\t\t\t\t22.600<\/td>\n\n\t\t\t\t\t\t22.657<\/td>\n\n\t\t\t\t\t\t0.25%<\/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\tBOQ<\/a><\/td>\n\n\t\t\t\t\t\t76.138<\/td>\n\n\t\t\t\t\t\t76.263<\/td>\n\n\t\t\t\t\t\t0.16%<\/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\tSGT<\/a><\/td>\n\n\t\t\t\t\t\t17.967<\/td>\n\n\t\t\t\t\t\t17.992<\/td>\n\n\t\t\t\t\t\t0.14%<\/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\tOSH<\/a><\/td>\n\n\t\t\t\t\t\t10.901<\/td>\n\n\t\t\t\t\t\t10.914<\/td>\n\n\t\t\t\t\t\t0.12%<\/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 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\tGBG<\/a><\/td>\n\n\t\t\t\t\t\t0.930<\/td>\n\n\t\t\t\t\t\t0.505<\/td>\n\n\t\t\t\t\t\t– 45.70%<\/td>\n\n\t\t\t\t\t\t5<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t2<\/td>\n\n\t\t\t\t\t\tTAP<\/a><\/td>\n\n\t\t\t\t\t\t0.725<\/td>\n\n\t\t\t\t\t\t0.450<\/td>\n\n\t\t\t\t\t\t– 37.93%<\/td>\n\n\t\t\t\t\t\t4<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t3<\/td>\n\n\t\t\t\t\t\tDML<\/a><\/td>\n\n\t\t\t\t\t\t11.049<\/td>\n\n\t\t\t\t\t\t7.858<\/td>\n\n\t\t\t\t\t\t– 28.88%<\/td>\n\n\t\t\t\t\t\t4<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t4<\/td>\n\n\t\t\t\t\t\tILU<\/a><\/td>\n\n\t\t\t\t\t\t26.799<\/td>\n\n\t\t\t\t\t\t23.424<\/td>\n\n\t\t\t\t\t\t– 12.59%<\/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\tPPC<\/a><\/td>\n\n\t\t\t\t\t\t5.650<\/td>\n\n\t\t\t\t\t\t4.983<\/td>\n\n\t\t\t\t\t\t– 11.81%<\/td>\n\n\t\t\t\t\t\t5<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t6<\/td>\n\n\t\t\t\t\t\tSLR<\/a><\/td>\n\n\t\t\t\t\t\t27.233<\/td>\n\n\t\t\t\t\t\t24.767<\/td>\n\n\t\t\t\t\t\t– 9.06%<\/td>\n\n\t\t\t\t\t\t3<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t7<\/td>\n\n\t\t\t\t\t\tMML<\/a><\/td>\n\n\t\t\t\t\t\t56.566<\/td>\n\n\t\t\t\t\t\t52.338<\/td>\n\n\t\t\t\t\t\t– 7.47%<\/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\tSFR<\/a><\/td>\n\n\t\t\t\t\t\t101.791<\/td>\n\n\t\t\t\t\t\t95.251<\/td>\n\n\t\t\t\t\t\t– 6.42%<\/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\tEVN<\/a><\/td>\n\n\t\t\t\t\t\t14.363<\/td>\n\n\t\t\t\t\t\t13.913<\/td>\n\n\t\t\t\t\t\t– 3.13%<\/td>\n\n\t\t\t\t\t\t5<\/td>\n<\/tr>\n
\n\t\t\t\t\t\t10<\/td>\n\n\t\t\t\t\t\tNUF<\/a><\/td>\n\n\t\t\t\t\t\t43.004<\/td>\n\n\t\t\t\t\t\t42.004<\/td>\n\n\t\t\t\t\t\t– 2.33%<\/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> 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":[6],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61460"}],"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=61460"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61460\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=61460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=61460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=61460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}