##{"id":92434,"date":"2021-03-22T10:00:43","date_gmt":"2021-03-19T04:15:00","guid":{"rendered":"https:\/\/www.fnarena.com\/?p=92434"},"modified":"2021-03-22T10:00:46","modified_gmt":"2021-03-21T23:00:46","slug":"weekly-ratings-targets-forecast-changes-19-03-21","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2021\/03\/22\/weekly-ratings-targets-forecast-changes-19-03-21\/","title":{"rendered":"Weekly Ratings, Targets, Forecast Changes &#8211; 19-03-21"},"content":{"rendered":"<p>Weekly update on stockbroker recommendation, target price, and earnings forecast changes.<\/p>\n<p>By Mark Woodruff<\/p>\n<p><em><strong>Guide:<\/strong><\/em><\/p>\n<p><em>The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS.<\/em><\/p>\n<p><em>For the purpose of broker rating correlation, Outperform and Overweight ratings are grouped as Buy, Neutral is grouped with Hold and Underperform and Underweight are grouped as Sell to provide a Buy\/Hold\/Sell (B\/H\/S) ratio.<\/em><\/p>\n<p><em>Ratings, consensus target price and forecast earnings tables are published at the bottom of this report.<\/em><\/p>\n<p><em><strong>Summary<\/strong><\/em><\/p>\n<p><em>Period: Monday March 15 to Friday March 19, 2021<br \/>Total Upgrades: 7<br \/>Total Downgrades: 4<br \/>Net Ratings Breakdown: Buy 53.30%; Hold 38.88%; Sell 7.82%<\/em><\/p>\n<p>For the week ending Friday 19 March there were seven upgrades and four downgrades to ASX-listed companies by brokers in the FNArena database.<\/p>\n<p>In a relatively quiet week there were no material adjustments by brokers to company price targets.<\/p>\n<p>Dalrymple Bay Infrastructure was atop the table for the largest percentage increase in earnings forecasts by brokers for the week after Citi noted two potential near-term catalysts. The first is inclusion in the ASX300 today (March 22) and also the Queensland Competition Authority is due to decide around a light-touch regulatory structure. This would allow the company to negotiate the price with miners&nbsp;for use of its terminal instead of having the regulator set maximum prices.<\/p>\n<p>Next in terms of percentage increase to forecasts earnings was Oil Search after both Citi and UBS revised up forecast oil prices for the sector. Although UBS notes the company has the highest sensitivity to changes in the oil price, it is the broker&#039;s least preferred of the energy stocks due to few near-term catalysts.<\/p>\n<p>Japara Healthcare was the only company in the FNArena database to experience a material percentage fall in forecast earnings for the week. After reviewing the final report from the Royal Commission, UBS was underwhelmed by potential delays to much needed regulatory clarity until the FY22 Budget (to be delivered in May this year).<\/p>\n<p>Total Buy recommendations take up 53.3% of the total, versus 38.88% on Neutral\/Hold, while Sell ratings account for the remaining 7.82%.<\/p>\n<p><!--- Up Down Content --><\/p>\n<p><strong><u>Upgrade<\/u><\/strong><\/p>\n<p><strong>BWP TRUST ((BWP)) Upgrade to Neutral from Sell by UBS<\/strong> .B\/H\/S: 0\/2\/2<\/p>\n<p>UBS upgrades to Neutral from Sell given the recent underperformance in the stock, while downgrading FY21 earnings estimates by -2% and FY22-25 by -4-5%.<\/p>\n<p>The downgrade to estimates stems from the fact around two thirds of the leases are expiring in 2021-25 and this presents an elevated level of risk. Target is steady at $3.86.<\/p>\n<p><strong>CLOVER CORPORATION ((CLV)) Upgrade to Buy from Neutral by UBS<\/strong> .B\/H\/S: 2\/0\/0<\/p>\n<p>UBS upgrades Clover Corp to Buy from Neutral rating with the target price dropping to $2 from $2.10.&nbsp;<\/p>\n<p>The broker views the stock as a recovery play offering a best-of-breed product and a unique growth story despite a&nbsp;covid-hit weak result&nbsp;with revenues down -22% versus last year.<\/p>\n<p>The company&#039;s FY21&nbsp;revenue guidance also implies a -16-37% downgrade to UBS&#039;s second-half expectations. Even so, the broker expects a gradual recovery with FY20 revenues and net profit expected to return&nbsp;by FY23.&nbsp;<\/p>\n<p><strong>GOODMAN GROUP ((GMG)) Upgrade to Buy from Neutral by UBS<\/strong> .B\/H\/S: 6\/0\/0<\/p>\n<p>Demand for space from tenants has accelerated amid&nbsp;a ramping up of development work in progress. Still, UBS notes the size of the development pipeline is still up 40% in terms of square metres.<\/p>\n<p>The flexibility on the balance sheet, meanwhile, allows the business to capitalise on structural tailwinds and establish a longer-dated development strategy.<\/p>\n<p>The stock is now trading at a significant discount to the broker&#039;s $18.70 target and, given the acceleration, the risk\/reward is now skewed to the upside. Hence UBS upgrades to Buy from Neutral.<\/p>\n<p><strong>QANTAS AIRWAYS LIMITED ((QAN)) Upgrade to Outperform from Neutral by Macquarie<\/strong> .B\/H\/S: 5\/0\/1<\/p>\n<p>Macquarie expects vaccine rollouts in Qantas&rsquo; key international destinations to be largely completed by the end of 2021. Supported by border policies, government stimulus and the vaccine, the broker expects domestic capacity to overshoot pre-covid levels in the near term.<\/p>\n<p>In the broker&#039;s view, Qantas has structurally improved the business through covid and has a higher skew towards the more attractive domestic and loyalty businesses and the cost-out which reduces downside risks within international.<\/p>\n<p>The broker upgrades to Outperform from Neutral with the target rising to $6.35 from $5.05.<\/p>\n<p><strong>RIDLEY CORPORATION LIMITED ((RIC)) Upgrade to Outperform from Neutral by Credit Suisse<\/strong> .B\/H\/S: 1\/0\/0<\/p>\n<p>Credit Suisse assesses Ridley is generating a reliable record of delivery on its strategy. Optimisation&nbsp;has started to yield benefits and the broker is also comfortable with the organic growth story.&nbsp;First half operating earnings were ahead of estimates, up 16.5%.<\/p>\n<p>As the valuation is undemanding and there is increasing conviction in the medium-term growth profile, Credit Suisse upgrades to Outperform from Neutral and raises the target to $1.15 from 85c.<\/p>\n<p><strong>TELSTRA CORPORATION LIMITED ((TLS)) Upgrade to Buy from Accumulate by Ord Minnett<\/strong> .B\/H\/S: 3\/1\/1<\/p>\n<p>With the national broadband network rollout affecting fixed margins, Ord Minnett notes the mobile retail sector is the most important earnings driver for Telstra Corp.<\/p>\n<p>According to the broker&#039;s assessment of the market, Telstra will lose share of the prepaid market to mobile virtual network operators (MVNO). The postpaid market remains lucrative for Telstra with the company better placed given its head start in the rollout of 5G infrastructure.<\/p>\n<p>Noting the company offers&nbsp;good subscriber growth, quality cellular service and an attractive valuation, Ord Minnett upgrades its rating to Buy from Accumulate with the target price rising to $4.05 from $3.75.<\/p>\n<p><strong>WOODSIDE PETROLEUM LIMITED ((WPL)) Upgrade to Buy from Neutral by UBS<\/strong> .B\/H\/S: 5\/2\/0<\/p>\n<p>UBS lifts Brent oil price forecast for 2021 to US$65.50\/bbl, from US$57\/bbl, and 2022 to US$62\/bbl from US$60\/bbl.<\/p>\n<p>This reflects the market&#039;s desire to price in a faster recovery in demand, along with the outcome of recent OPEC meetings where producers agreed to defer raising production.<\/p>\n<p>In turn, earnings estimates raised for Woodside Petroleum and the rating is upgraded to Buy from Neutral as the risk\/reward is now considered appealing, given the stock has underperformed Brent over the year to date. Target is raised to $26.70 from $26.05.<\/p>\n<p><strong><u>Downgrade<\/u><\/strong><\/p>\n<p><strong>BORAL LIMITED ((BLD)) Downgrade to Lighten from Hold by Ord Minnett<\/strong> .B\/H\/S: 3\/1\/0<\/p>\n<p>Ord Minnett lowers the rating to Lighten from Hold as the valuation appears stretched and&nbsp;the company&#039;s&nbsp;new $300m earnings (EBIT) benefit target, tied to a transformation&nbsp;program, seems ambitious.<\/p>\n<p>In addition, the broker highlights a risk to the&nbsp;US business are&nbsp;rising US mortgage rates, which may temper demand for housing as the year progresses.<\/p>\n<p>The analyst acknowledges upside risk should the US Building Products business be sold&nbsp;for $1.5bn. It&#039;s considered&nbsp;the majority of this could be returned to shareholders. The target is increased to $5 from $4.90.<\/p>\n<p><strong>FLIGHT CENTRE LIMITED ((FLT)) Downgrade to Underweight from Equal-weight by Morgan Stanley<\/strong> .B\/H\/S: 1\/3\/3<\/p>\n<p>Morgan Stanley notes significant momentum in recent weeks amid the announcement from the federal government of a stimulus package for the broader tourism sector.<\/p>\n<p>Nevertheless, the Flight Centre stock price is now 5% ahead of pre-pandemic levels, adjusting for the capital raising.<\/p>\n<p>Morgan Stanley assesses fundamental upside from this point requires the view that earnings will materially improve post the pandemic.<\/p>\n<p>The broker downgrades to Underweight from Equal-weight, partially stemming from a preference for Qantas ((QAN)) within the travel coverage. Target is $17.50. Industry view: Attractive.<\/p>\n<p><strong>STOCKLAND ((SGP)) Downgrade to Neutral from Buy by UBS<\/strong> .B\/H\/S: 1\/4\/0<\/p>\n<p>UBS assesses Stockland has benefited significantly from government policy aimed at strengthening the new residential sector as well as a structural shift from urban centres caused by the pandemic.<\/p>\n<p>Nevertheless, the strength in residential markets means risks around macro prudential policy are heightened and the broker downgrades to Neutral from Buy. Target is steady at $4.50.<\/p>\n<p>UBS also notes, with gearing of around 24% and momentum in residential generating strong cash flow, the balance sheet is sound.<br \/>Developments are likely to have capital partners and be long dated.<\/p>\n<p><strong>VICINITY CENTRES ((VCX)) Downgrade to Hold from Buy by Ord Minnett<\/strong> .B\/H\/S: 0\/4\/2<\/p>\n<p>Ord Minnett downgrades Vicinity Centres to Hold from Buy with a target price of $1.80.<\/p>\n<p>Vicinity Centres&#039;&nbsp;share price has risen about 40% since October&#039;s low of $1.21 as the stock recovered&nbsp;from the impact of covid. Ord Minnett believes there may be a further -10% softening in Vicinity Centres&#039; stock price.<\/p>\n<p>While retail conditions are improving, Ord Minnett expects net property income to rebase&nbsp;-13% below pre-covid levels in 2021 due to lower footfall, particularly in the CBD assets.&nbsp;<\/p>\n<\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"width:100%\">\n<tbody>\n<tr>\n<td style=\"width:50%\"><strong>Total Recommendations<\/strong><br \/><img decoding=\"async\" src=\"https:\/\/www.fnarena.com\/charts\/fnarena\/3dpie.php?mydata=791,577,116&amp;mylabels=Buy,Hold,Sell\" style=\"border:1px solid #000000\" \/><\/td>\n<td style=\"width:50%\"><strong>Recommendation Changes<\/strong><br \/><img decoding=\"async\" src=\"https:\/\/www.fnarena.com\/charts\/fnarena\/3dpie2.php?mydata=7,4&amp;mylabels=Upgrades,Downgrades\" style=\"border:1px solid #000000\" \/><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<p><strong>Broker Recommendation Breakup<\/strong><br \/><img decoding=\"async\" src=\"https:\/\/www.fnarena.com\/charts\/fnarena\/3dbar.php?mydata=1&amp;mylabels=Citi,Credit&lt;*br*&gt;Suisse,Macquarie,Morgan&lt;*br*&gt;Stanley,Morgans,Ord&lt;*br*&gt;Minnett,UBS&amp;b0=105,131,151,99,205,153,125&amp;h0=129,126,146,86,154,133,133&amp;s0=29,25,38,37,23,31,25\" style=\"border:1px solid #000000\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"padding-bottom:15px;width:100%\">\n<tbody>\n<tr>\n<td>\n<h2>Broker Rating<\/h2>\n<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/p>\n<table border=\"0\" cellspacing=\"0\" style=\"width:100%\">\n<thead>\n<tr>\n<th>Order<\/th>\n<th>Company<\/th>\n<th>New Rating<\/th>\n<th>Old Rating<\/th>\n<th>Broker<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td colspan=\"6\">Upgrade<\/td>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=BWP\">BWP TRUST<\/a><\/td>\n<td>Neutral<\/td>\n<td>Sell<\/td>\n<td>UBS<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=CLV\">CLOVER CORPORATION<\/a><\/td>\n<td>Buy<\/td>\n<td>Neutral<\/td>\n<td>UBS<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=GMG\">GOODMAN GROUP<\/a><\/td>\n<td>Buy<\/td>\n<td>Neutral<\/td>\n<td>UBS<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=QAN\">QANTAS AIRWAYS LIMITED<\/a><\/td>\n<td>Buy<\/td>\n<td>Neutral<\/td>\n<td>Macquarie<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=RIC\">RIDLEY CORPORATION LIMITED<\/a><\/td>\n<td>Buy<\/td>\n<td>Neutral<\/td>\n<td>Credit Suisse<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=TLS\">TELSTRA CORPORATION LIMITED<\/a><\/td>\n<td>Buy<\/td>\n<td>Buy<\/td>\n<td>Ord Minnett<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=WPL\">WOODSIDE PETROLEUM LIMITED<\/a><\/td>\n<td>Buy<\/td>\n<td>Neutral<\/td>\n<td>UBS<\/td>\n<\/tr>\n<tr>\n<td colspan=\"6\">Downgrade<\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=BLD\">BORAL LIMITED<\/a><\/td>\n<td>Sell<\/td>\n<td>Neutral<\/td>\n<td>Ord Minnett<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=FLT\">FLIGHT CENTRE LIMITED<\/a><\/td>\n<td>Sell<\/td>\n<td>Neutral<\/td>\n<td>Morgan Stanley<\/td>\n<\/tr>\n<tr>\n<td>10<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=SGP\">STOCKLAND<\/a><\/td>\n<td>Neutral<\/td>\n<td>Buy<\/td>\n<td>UBS<\/td>\n<\/tr>\n<tr>\n<td>11<\/td>\n<td><a href=\"dsp_recommendations.cfm?searchsymbol=VCX\">VICINITY CENTRES<\/a><\/td>\n<td>Neutral<\/td>\n<td>Buy<\/td>\n<td>Ord Minnett<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"padding-bottom:15px;width:100%\">\n<tbody>\n<tr>\n<td>\n<h2>Recommendation<\/h2>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<h3>Positive Change Covered by &gt; 2 Brokers<\/h3>\n<table border=\"0\" cellspacing=\"0\" style=\"width:100%\">\n<thead>\n<tr>\n<th>Order<\/th>\n<th>Symbol<\/th>\n<th>Company<\/th>\n<th>New Rating<\/th>\n<th>Previous Rating<\/th>\n<th>Change<\/th>\n<th>Recs<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align:center;width:50px\">1<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=QAN\">QAN<\/a><\/td>\n<td style=\"text-align:left\">QANTAS AIRWAYS LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">67.0%<\/td>\n<td style=\"text-align:right;width:80px\">33.0%<\/td>\n<td style=\"text-align:right;width:80px\">34.0%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">2<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=BWP\">BWP<\/a><\/td>\n<td style=\"text-align:left\">BWP TRUST<\/td>\n<td style=\"text-align:right;width:80px\">-50.0%<\/td>\n<td style=\"text-align:right;width:80px\">-75.0%<\/td>\n<td style=\"text-align:right;width:80px\">25.0%<\/td>\n<td style=\"text-align:center;width:50px\">4<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">3<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=GMG\">GMG<\/a><\/td>\n<td style=\"text-align:left\">GOODMAN GROUP<\/td>\n<td style=\"text-align:right;width:80px\">100.0%<\/td>\n<td style=\"text-align:right;width:80px\">83.0%<\/td>\n<td style=\"text-align:right;width:80px\">17.0%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">4<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=WPL\">WPL<\/a><\/td>\n<td style=\"text-align:left\">WOODSIDE PETROLEUM LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">71.0%<\/td>\n<td style=\"text-align:right;width:80px\">57.0%<\/td>\n<td style=\"text-align:right;width:80px\">14.0%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">5<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=TLS\">TLS<\/a><\/td>\n<td style=\"text-align:left\">TELSTRA CORPORATION LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">40.0%<\/td>\n<td style=\"text-align:right;width:80px\">30.0%<\/td>\n<td style=\"text-align:right;width:80px\">10.0%<\/td>\n<td style=\"text-align:center;width:50px\">5<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=BKL\">BKL<\/a><\/td>\n<td style=\"text-align:left\">BLACKMORES LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">-17.0%<\/td>\n<td style=\"text-align:right;width:80px\">-20.0%<\/td>\n<td style=\"text-align:right;width:80px\">3.0%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<h3>Negative Change Covered by &gt; 2 Brokers<\/h3>\n<table border=\"0\" cellspacing=\"0\" style=\"width:100%\">\n<thead>\n<tr>\n<th>Order<\/th>\n<th>Symbol<\/th>\n<th>Company<\/th>\n<th>New Rating<\/th>\n<th>Previous Rating<\/th>\n<th>Change<\/th>\n<th>Recs<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align:center;width:50px\">1<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=SGP\">SGP<\/a><\/td>\n<td style=\"text-align:left\">STOCKLAND<\/td>\n<td style=\"text-align:right;width:80px\">8.0%<\/td>\n<td style=\"text-align:right;width:80px\">25.0%<\/td>\n<td style=\"text-align:right;width:80px\">-17.0%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">2<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=VCX\">VCX<\/a><\/td>\n<td style=\"text-align:left\">VICINITY CENTRES<\/td>\n<td style=\"text-align:right;width:80px\">-33.0%<\/td>\n<td style=\"text-align:right;width:80px\">-17.0%<\/td>\n<td style=\"text-align:right;width:80px\">-16.0%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">3<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=FLT\">FLT<\/a><\/td>\n<td style=\"text-align:left\">FLIGHT CENTRE LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">-29.0%<\/td>\n<td style=\"text-align:right;width:80px\">-14.0%<\/td>\n<td style=\"text-align:right;width:80px\">-15.0%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">4<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=BLD\">BLD<\/a><\/td>\n<td style=\"text-align:left\">BORAL LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">50.0%<\/td>\n<td style=\"text-align:right;width:80px\">60.0%<\/td>\n<td style=\"text-align:right;width:80px\">-10.0%<\/td>\n<td style=\"text-align:center;width:50px\">5<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">5<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=APA\">APA<\/a><\/td>\n<td style=\"text-align:left\">APA GROUP<\/td>\n<td style=\"text-align:right;width:80px\">71.0%<\/td>\n<td style=\"text-align:right;width:80px\">80.0%<\/td>\n<td style=\"text-align:right;width:80px\">-9.0%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=GXY\">GXY<\/a><\/td>\n<td style=\"text-align:left\">GALAXY RESOURCES LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">-33.0%<\/td>\n<td style=\"text-align:right;width:80px\">-25.0%<\/td>\n<td style=\"text-align:right;width:80px\">-8.0%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=SUN\">SUN<\/a><\/td>\n<td style=\"text-align:left\">SUNCORP GROUP LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">43.0%<\/td>\n<td style=\"text-align:right;width:80px\">50.0%<\/td>\n<td style=\"text-align:right;width:80px\">-7.0%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">8<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=JHC\">JHC<\/a><\/td>\n<td style=\"text-align:left\">JAPARA HEALTHCARE LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">13.0%<\/td>\n<td style=\"text-align:right;width:80px\">17.0%<\/td>\n<td style=\"text-align:right;width:80px\">-4.0%<\/td>\n<td style=\"text-align:center;width:50px\">4<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"padding-bottom:15px;width:100%\">\n<tbody>\n<tr>\n<td>\n<h2>Target Price<\/h2>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<h3>Positive Change Covered by &gt; 2 Brokers<\/h3>\n<table border=\"0\" cellspacing=\"0\" style=\"width:100%\">\n<thead>\n<tr>\n<th>Order<\/th>\n<th>Symbol<\/th>\n<th>Company<\/th>\n<th>New Target<\/th>\n<th>Previous Target<\/th>\n<th>Change<\/th>\n<th>Recs<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align:center;width:50px\">1<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=QAN\">QAN<\/a><\/td>\n<td style=\"text-align:left\">QANTAS AIRWAYS LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">5.790<\/td>\n<td style=\"text-align:right;width:80px\">5.462<\/td>\n<td style=\"text-align:right;width:80px\">6.01%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">2<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=TLS\">TLS<\/a><\/td>\n<td style=\"text-align:left\">TELSTRA CORPORATION LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">3.586<\/td>\n<td style=\"text-align:right;width:80px\">3.526<\/td>\n<td style=\"text-align:right;width:80px\">1.70%<\/td>\n<td style=\"text-align:center;width:50px\">5<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">3<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=APA\">APA<\/a><\/td>\n<td style=\"text-align:left\">APA GROUP<\/td>\n<td style=\"text-align:right;width:80px\">10.829<\/td>\n<td style=\"text-align:right;width:80px\">10.654<\/td>\n<td style=\"text-align:right;width:80px\">1.64%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">4<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=VCX\">VCX<\/a><\/td>\n<td style=\"text-align:left\">VICINITY CENTRES<\/td>\n<td style=\"text-align:right;width:80px\">1.637<\/td>\n<td style=\"text-align:right;width:80px\">1.627<\/td>\n<td style=\"text-align:right;width:80px\">0.61%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">5<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=WPL\">WPL<\/a><\/td>\n<td style=\"text-align:left\">WOODSIDE PETROLEUM LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">27.574<\/td>\n<td style=\"text-align:right;width:80px\">27.440<\/td>\n<td style=\"text-align:right;width:80px\">0.49%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<h3>Negative Change Covered by &gt; 2 Brokers<\/h3>\n<table border=\"0\" cellspacing=\"0\" style=\"width:100%\">\n<thead>\n<tr>\n<th>Order<\/th>\n<th>Symbol<\/th>\n<th>Company<\/th>\n<th>New Target<\/th>\n<th>Previous Target<\/th>\n<th>Change<\/th>\n<th>Recs<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align:center;width:50px\">1<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=GXY\">GXY<\/a><\/td>\n<td style=\"text-align:left\">GALAXY RESOURCES LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">2.417<\/td>\n<td style=\"text-align:right;width:80px\">2.550<\/td>\n<td style=\"text-align:right;width:80px\">-5.22%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">2<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=SUN\">SUN<\/a><\/td>\n<td style=\"text-align:left\">SUNCORP GROUP LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">11.619<\/td>\n<td style=\"text-align:right;width:80px\">11.897<\/td>\n<td style=\"text-align:right;width:80px\">-2.34%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"padding-bottom:15px;width:100%\">\n<tbody>\n<tr>\n<td>\n<h2>Earning Forecast<\/h2>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<h3>Positive Change Covered by &gt; 2 Brokers<\/h3>\n<table border=\"0\" cellspacing=\"0\" style=\"width:100%\">\n<thead>\n<tr>\n<th>Order<\/th>\n<th>Symbol<\/th>\n<th>Company<\/th>\n<th>New EF<\/th>\n<th>Previous EF<\/th>\n<th>Change<\/th>\n<th>Recs<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align:center;width:50px\">1<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=DBI\">DBI<\/a><\/td>\n<td style=\"text-align:left\">DALRYMPLE BAY INFRASTRUCTURE LTD<\/td>\n<td style=\"text-align:right;width:80px\">8.117<\/td>\n<td style=\"text-align:right;width:80px\">6.360<\/td>\n<td style=\"text-align:right;width:80px\">27.63%<\/td>\n<td style=\"text-align:center;width:50px\">3<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">2<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=OSH\">OSH<\/a><\/td>\n<td style=\"text-align:left\">OIL SEARCH LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">17.630<\/td>\n<td style=\"text-align:right;width:80px\">16.005<\/td>\n<td style=\"text-align:right;width:80px\">10.15%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">3<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=WPL\">WPL<\/a><\/td>\n<td style=\"text-align:left\">WOODSIDE PETROLEUM LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">167.204<\/td>\n<td style=\"text-align:right;width:80px\">157.759<\/td>\n<td style=\"text-align:right;width:80px\">5.99%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">4<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=STO\">STO<\/a><\/td>\n<td style=\"text-align:left\">SANTOS LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">45.779<\/td>\n<td style=\"text-align:right;width:80px\">43.689<\/td>\n<td style=\"text-align:right;width:80px\">4.78%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">5<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=SXY\">SXY<\/a><\/td>\n<td style=\"text-align:left\">SENEX ENERGY LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">0.812<\/td>\n<td style=\"text-align:right;width:80px\">0.778<\/td>\n<td style=\"text-align:right;width:80px\">4.37%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=KAR\">KAR<\/a><\/td>\n<td style=\"text-align:left\">KAROON ENERGY LTD<\/td>\n<td style=\"text-align:right;width:80px\">3.367<\/td>\n<td style=\"text-align:right;width:80px\">3.233<\/td>\n<td style=\"text-align:right;width:80px\">4.14%<\/td>\n<td style=\"text-align:center;width:50px\">3<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=QAN\">QAN<\/a><\/td>\n<td style=\"text-align:left\">QANTAS AIRWAYS LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">-68.533<\/td>\n<td style=\"text-align:right;width:80px\">-70.650<\/td>\n<td style=\"text-align:right;width:80px\">3.00%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">8<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=TPG\">TPG<\/a><\/td>\n<td style=\"text-align:left\">TPG TELECOM LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">17.448<\/td>\n<td style=\"text-align:right;width:80px\">17.048<\/td>\n<td style=\"text-align:right;width:80px\">2.35%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">9<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=VCX\">VCX<\/a><\/td>\n<td style=\"text-align:left\">VICINITY CENTRES<\/td>\n<td style=\"text-align:right;width:80px\">11.370<\/td>\n<td style=\"text-align:right;width:80px\">11.167<\/td>\n<td style=\"text-align:right;width:80px\">1.82%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">10<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=BLD\">BLD<\/a><\/td>\n<td style=\"text-align:left\">BORAL LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">22.048<\/td>\n<td style=\"text-align:right;width:80px\">21.715<\/td>\n<td style=\"text-align:right;width:80px\">1.53%<\/td>\n<td style=\"text-align:center;width:50px\">5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<h3>Negative Change Covered by &gt; 2 Brokers<\/h3>\n<table border=\"0\" cellspacing=\"0\" style=\"width:100%\">\n<thead>\n<tr>\n<th>Order<\/th>\n<th>Symbol<\/th>\n<th>Company<\/th>\n<th>New EF<\/th>\n<th>Previous EF<\/th>\n<th>Change<\/th>\n<th>Recs<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"text-align:center;width:50px\">1<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=JHC\">JHC<\/a><\/td>\n<td style=\"text-align:left\">JAPARA HEALTHCARE LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">-4.100<\/td>\n<td style=\"text-align:right;width:80px\">-3.800<\/td>\n<td style=\"text-align:right;width:80px\">-7.89%<\/td>\n<td style=\"text-align:center;width:50px\">4<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">2<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=APA\">APA<\/a><\/td>\n<td style=\"text-align:left\">APA GROUP<\/td>\n<td style=\"text-align:right;width:80px\">25.160<\/td>\n<td style=\"text-align:right;width:80px\">26.220<\/td>\n<td style=\"text-align:right;width:80px\">-4.04%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">3<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=GPT\">GPT<\/a><\/td>\n<td style=\"text-align:left\">GPT GROUP<\/td>\n<td style=\"text-align:right;width:80px\">30.413<\/td>\n<td style=\"text-align:right;width:80px\">30.967<\/td>\n<td style=\"text-align:right;width:80px\">-1.79%<\/td>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">4<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=EVN\">EVN<\/a><\/td>\n<td style=\"text-align:left\">EVOLUTION MINING LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">24.871<\/td>\n<td style=\"text-align:right;width:80px\">25.300<\/td>\n<td style=\"text-align:right;width:80px\">-1.70%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">5<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=NHF\">NHF<\/a><\/td>\n<td style=\"text-align:left\">NIB HOLDINGS LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">29.843<\/td>\n<td style=\"text-align:right;width:80px\">30.171<\/td>\n<td style=\"text-align:right;width:80px\">-1.09%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">6<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=CSL\">CSL<\/a><\/td>\n<td style=\"text-align:left\">CSL LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">709.436<\/td>\n<td style=\"text-align:right;width:80px\">714.386<\/td>\n<td style=\"text-align:right;width:80px\">-0.69%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=RIO\">RIO<\/a><\/td>\n<td style=\"text-align:left\">RIO TINTO LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">1488.171<\/td>\n<td style=\"text-align:right;width:80px\">1496.453<\/td>\n<td style=\"text-align:right;width:80px\">-0.55%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">8<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=PPH\">PPH<\/a><\/td>\n<td style=\"text-align:left\">PUSHPAY HOLDINGS LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">3.591<\/td>\n<td style=\"text-align:right;width:80px\">3.609<\/td>\n<td style=\"text-align:right;width:80px\">-0.50%<\/td>\n<td style=\"text-align:center;width:50px\">3<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">9<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=S32\">S32<\/a><\/td>\n<td style=\"text-align:left\">SOUTH32 LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">13.512<\/td>\n<td style=\"text-align:right;width:80px\">13.579<\/td>\n<td style=\"text-align:right;width:80px\">-0.49%<\/td>\n<td style=\"text-align:center;width:50px\">7<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:center;width:50px\">10<\/td>\n<td style=\"text-align:center;width:70px\"><a href=\"dsp_recommendations.cfm?searchsymbol=NIC\">NIC<\/a><\/td>\n<td style=\"text-align:left\">NICKEL MINES LIMITED<\/td>\n<td style=\"text-align:right;width:80px\">11.717<\/td>\n<td style=\"text-align:right;width:80px\">11.775<\/td>\n<td style=\"text-align:right;width:80px\">-0.49%<\/td>\n<td style=\"text-align:center;width:50px\">3<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"clear: both\">\n<p><strong>Technical limitations<\/strong><\/p>\n<p><strong><em>If you are reading this story through a third party distribution channel and you cannot see charts included<\/em>, <em>we apologise, but technical limitations are to blame.<\/em><\/strong><\/p>\n<p>Find out why FNArena subscribers like the service so much: &quot;<a href=\"index4.cfm?type=dsp_newsitem&amp;n=29EB960D-9DFF-C00E-7F6B464E5D52E250\">Your Feedback (Thank You)<\/a>&quot; &#8211; Warning this story contains unashamedly positive feedback on the service provided.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Weekly update on stockbroker recommendation, target price, and earnings forecast changes<\/p>\n","protected":false},"author":1,"featured_media":92454,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/92434"}],"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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=92434"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/92434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media\/92454"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=92434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=92434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=92434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}