3 July 2023
Analyst Outlook June 2023
Our analysts provide their sector outlook and top stock picks for June 2023.
27 June 2023
Johns Lyng Group (JLG): Come rain
Johns Lyng (JLG) has provided earnings guidance for FY23e. We downgrade our recommendation to Hold.
27 June 2023
Retail Food Group (RFG): Growth back on the menu
We initiate coverage of Retail Food Group (RFG) with a Buy rating at a $0.13/share Price Target. As Australia’s largest multi-brand retail food franchise owner in Quick service restaurants (QSR) and Coffee, the company franchises and operates stores in mass brands, Donut King & Gloria Jeans and other mid-market brands such as Crust Pizza in ANZ, US and EMEA.
27 June 2023
Austal Limited (ASB): A rising tide lifts all boats
We initiate coverage of Austral Limited (ASB) with a Price Target of $3.10 and a Buy rating. ASB is an Australian shipbuilder and defence contractor providing design, manufacturing and support capabilities for defence and commercial customers.