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The Endeavour (ASX:EDV) share price is shooting 8% higher today ASX investors look to be reconsidering yesterday’s selloff of the newly listed liquor and hotels company. Bernd Struben earned his economics degree in the US. Following several years writing about the tourism industry in the Caribbean, he moved to The Netherlands to cover the EU s booming commercial real estate markets. He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets. He employs a combination of macro economics and company specific data to gauge what he believes are tomorrow s best investments. In his free time, you re likely to find Bernd at the beach or dabbling away on a new work of science fiction. ....
Regis Resources Limited (ASX: RRL) could underperform today after the gold price softened overnight. According to CNBC, the spot gold price is down 0.1% to US$1,775.70 an ounce. While rate hike concerns were eased by the US Fed yesterday, it wasn’t enough to lift the price of the precious metal. South32 given conviction buy rating The South32 Ltd(ASX: S32) share price could be undervalued according to analysts at Goldman Sachs. This morning the broker reiterated its conviction buy rating and lifted its price target to $3.80. This compares to the current South32 share price of $2.87. It explained: “We increase our FY21-23 EPS estimates by 1%/11%/20% and NAV by 19% to A$3.86/sh to reflect changes to the GS commodities team’s aluminium price forecasts, and raise our 12-month TP 12% to A$3.8/sh.” ....
Why is the Woolworths (ASX:WOW) share price down 15% today? 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.
ASX 200 drops again, Westpac falls, Transurban down 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.