Equities

Equities Technology

30 November 2023

Life360 (360): Better to be safe

We have reviewed our Life360 forecasts post the release of the 3Q2023 result a couple of weeks ago and made some minor adjustments. We maintain a Buy recommendation and have decreased our Price Target by 2% to $11.00.

BellPotter Marketing

Love0

Equities Industrials

30 November 2023

IDP Education (IEL): O’ Canada

We have updated each valuation for IPD Education used in the determination of our PT for the forecast changes and recent market movements. We upgrade to a Buy recommendation and a price target of $27.00.

BellPotter Marketing

Love0

Agricultural & FMCG Equities

22 November 2023

Australian Agricultural Co (AAC): More than meating expectations

AAC reported 1H24 Operating EBITDA ahead or our expectations at $30.1m. Our Buy rating remains unchanged.

BellPotter Marketing

Love0

Equities Technology

21 November 2023

Telstra Group (TLS): Optionality provides upside

We initiate coverage on telecommunications and technology company Telstra, with a price target of $4.15.

BellPotter Marketing

Love0

Equities Resources

31 October 2023

Fortescue Metals Group (FMG): Soft start to FY24

Our NPV-based valuation is increased by 4% from $15.53/sh to $16.21/sh on favourable adjustments to our iron ore price and AUD:USD forecasts. We retain our Sell recommendation.

BellPotter Marketing

Love0

Equities Industrials

31 October 2023

Task Group Holdings (TSK): Following the rails

TSK reported a 2Q24 update outlining continued strong momentum regarding client wins, deployments and cash flows. We maintain our Buy recommendation and reduce our Price Target to $0.57/sh (previously $0.62/sh).

BellPotter Marketing

Love0

Categories

Life360 (360): Better to be safe

IDP Education (IEL): O’ Canada

Australian Agricultural Co (AAC): More than meating expectations

Telstra Group (TLS): Optionality provides upside

Fortescue Metals Group (FMG): Soft start to FY24

Task Group Holdings (TSK): Following the rails