2 ASX Retail Shares Just Upgraded by Brokers (and 1 Downgraded)
ASX retail shares can be some of the hardest stocks on the market to assess as a good investment. The retail sector is notoriously cyclical, and its players have to constantly adapt to changing consumer tastes and preferences.
Macquarie Upgrades Harvey Norman to Outperform From Neutral, Price Target Is AU$5.30
Harvey Norman (ASX:HVN) has an average rating of hold and price targets ranging from AU$4.00 to AU$5.50, according to analysts polled by CapitalIQ. Price (AUD): $4.29, Change: $-0.03, Percent Change:
AU Evening Wrap: ASX Rally Late to Close Flat; Fletcher Plummets 11%
Consumer and health stocks were the best performers as the benchmark index rallied from almost 0.4% down over the last hour of Monday's session.
Do Its Financials Have Any Role To Play In Driving Harvey Norman Holdings Limited's (ASX:HVN) Stock Up Recently?
AU Evening Wrap: Australia Shares Gain 0.5% on Lower-Than-Expected Inflation
The benchmark index was flat until the release of data showing consumer prices rose by 3.4% in the 12 months to February, compared with the 3.5% expected by economists.
Owning 43% in Harvey Norman Holdings Limited (ASX:HVN) Means That Insiders Are Heavily Invested in the Company's Future
Australia Consumer Spending to Trough in Second Half of 2024, Morgan Stanley Says
Morgan Stanley said consumer spending in Australia will probably continue to weaken in the near term, and reach a trough in the second half of 2024 before improving.
Harvey Norman Holdings Ltd (HNORF) Receives a Hold From Jefferies
Harvey Norman Holdings (ASX:HVN) Is Reducing Its Dividend To A$0.10
Harvey Norman Holdings Ltd (HNORF) Gets a Buy From UBS
Harvey Norman Target Price Raised 7.5% to A$4.30/Share by Goldman Sachs>HVN.AU
Harvey Norman Target Price Raised 7.5% to A$4.30/Share by Goldman Sachs>HVN.AU
Australian Shares Rebound Ahead of Key US Inflation Data
Australian shares rebounded on Thursday ahead of the release of key US inflation data for clues on the possible rate trajectory of the US Federal Reserve. The S&P/ASX 200 Index rose 38.30 points, or 0
Harvey Norman (ASX:HVN) Results: Gerry Harvey Awaits AI Boom as Sales, Profits Fall
Australia's Retail Sales Rebound in January
Australian retail turnover rose 1.1% to AU$35.72 billion in January from the previous month, the Australian Bureau of Statistics reported Thursday. The rebound followed the sharp 2.1% fall in December
ASX Earnings Wrap: Atlas Arteria's Profits Rise, Ramsay Healthcare Cuts Dividend
Ramsay Health Care Ltd (ASX:RHC), a private hospital operator, has announced a 20% cut in its interim dividend in response to escalating inflation in the medical sector. The dividend has been reduced to 40¢ per share, a significant drop from 50¢ per share a year ago.
Goldman Sachs Keeps Their Buy Rating on Harvey Norman Holdings Ltd (HNORF)
Harvey Norman Share Price Jumps to 52-week High on Half-year Results
A sharp profit decline isn't putting off investors today.
AU Morning Wrap: ASX Falls on Tech; Harvey Norman, South32 Jump
Stocks to watch: South32, Harvey Norman, Star Entertainment.
Harvey Norman Posts 8% Decline in H1 FY24 Revenue, EPS Slips
Harvey Norman Holdings (ASX:HVN) reported Thursday that its earnings per share in the six-month period ended Dec. 31, 2023 fell to AU$0.1602, compared with the prior-year period's AU$0.2932. Analysts
Harvey Norman: First 2 Company-Operated Stores in Budapest Delayed Beyond FY 2025
Harvey Norman: First 2 Company-Operated Stores in Budapest Delayed Beyond FY 2025
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