Weekly Ratings, Targets, Forecast Changes

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

The views of eight major Australian and international stockbrokers are tabulated, including:

• 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

The period of review is from Monday, October 20 to Friday, October 24, 2025, with:

• Total Upgrades: 13
• Total Downgrades: 12

The Net Ratings Breakdown is: Buy 60.00%; Hold 31.42%; Sell 8%.

No direct quotes available in the text.

Author's summary: Weekly update on stockbroker recommendations.

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FNArena — 2025-10-27