Weekly Ratings, Targets, Forecast Changes

The FNArena database provides a weekly update on stockbroker recommendation, target price, and earnings forecast changes.

The database tabulates the views of eight major Australian and international stockbrokers:

• Citi
• Bell Potter
• Macquarie
• Morgan Stanley
• Morgans
• Ord Minnett
• Shaw and Partners
• UBS

For the purpose of broker rating correlation, ratings are grouped as follows:

• Outperform and Overweight as Buy
• Neutral as Hold
• Underperform and Underweight as Sell

to provide a Buy/Hold/Sell (B/H/S) ratio.

Period: Monday October 20 to Friday October 24, 2025

Total Upgrades: 13

Total Downgrades: 12

Net Ratings Breakdown:

• Buy 60.00%
• Hold 31.42%
• Sell 8%

No specific quotes available.

Author's summary: Weekly update on stockbroker recommendations.

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FNArena — 2025-10-27