Skip to main content

Morning Bell 29 May

Jessica Amir
May 29, 2020

Today the Aussie share market is eyeing a 0.3% fall at the open. The ASX200 closed at a 12 week high yesterday, only 18% off its all time February high.

What to watch today:

  • Machine learning & voice recognition company, Appen (ASX:APX) holds its AGM today
  • Fruit & vegetable company, Costa Group (ASX:CGC) holds its AGM too
  • Private capital borrowing numbers for April
  • U.S President Trump’s speech later tonight on the U.S-China tensions

Bell Potter trading ideas:

  • Bell Potter upgraded Emeco’s (ASX:EHL) price target to $1.52, implying a 40% share price growth after it handed down strong full year earnings estimates despite COVID-19, beating many expectations.
  • Graincorp (ASX:GNC) was reiterated as a buy by Bell Potter, increasing its price target to $4.85, implying a 14% growth from yesterday’s close after Graincorp’s earnings estimates for FY21 remain on the upside.
  • WiseTech (ASX:WTC) was reiterated as a sell, with Bell Potter expecting its shares will fall to $17.50.

Morning Bell 1 March

Sam Kanaan
March 1, 2024

Morning Bell 29 February

Sam Kanaan
February 29, 2024

Morning Bell 28 February

Grady Wulff
February 28, 2024

Morning Bell 27 February

Grady Wulff
February 27, 2024

Morning Bell 26 February

Grady Wulff
February 26, 2024

Weekly Wrap 23 February

Grady Wulff
February 23, 2024

Morning Bell 22 February

Sam Kanaan
February 22, 2024

Morning Bell 21 February

Grady Wulff
February 21, 2024

Morning Bell 20 February

Grady Wulff
February 20, 2024

Morning Bell 19 February

Grady Wulff
February 19, 2024