Citi, its analysts have retained their
buy rating and lifted their price target on the auto parts retailer’s shares slightly to $9.55. The broker appears to be pleased with Bapcor’s recent strategy update and notes that it has many medium and long term growth opportunities. Particularly given favourable trading conditions and consumer mobility trends. In addition to this, the company’s bold store expansion plans and its growing private label business are expected to be key growth drivers. The Bapcor share price ended the week at $8.35.
A note out of
Credit Suisse reveals that its analysts have retained their
2 blue chip ASX dividend shares with +4% yields
These dividend shares have generous fully franked yields…
James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.
Why the Telstra (ASX:TLS) share price outlook suddenly improved last week
The Telstra share price has two big tailwinds that drove its outperformance last week.
Brendon’s passion for shares started by accident in 2003 and he has worked in various roles around capital markets ever since as a trader, stock analyst and markets reporter with the Australian Financial Review. Most of his wealth has come from share investing than any other asset class, and that has given him the financial freedom not to work full-time, if he chooses to.
Brendon is a medium to long-term investor who aims to hold positions for a year or longer and is focused on fundamental analysis, although he will occasionally use technical indicators to time his entries and exits. Brendon has an MBA from Melbourne Business School and is RG 146 certified. He lives in Melbourne with his wife, three kids and two dogs.
ASX blue chips set to unleash buybacks and dividends! But which is better? fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
Regis Resources Limited (ASX: RRL) could push higher today after the gold price strengthened overnight. According to CNBC, the spot gold price is up 0.4% to US$1,770.70 an ounce. Despite this gain, the precious metal had its worst month in more than four years due to a hawkish US Federal Reserve.
Telstra given buy rating
The
Telstra Corporation Ltd(ASX: TLS) share price jumped on Wednesday after announcing the sale of its tower assets. Analysts at Goldman Sachs have responded to the news by reiterating their buy rating and $4.20 price target on its shares. Goldman notes that Telstra received more than it was expecting for the assets.