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Consensus Recommendations (22 June 2018)

22
JUN
2018
Australian analysts cover approximately 450 ASX listed companies.
Unfortunately, when reviewed individually many analysts and st
About Consensus Data
Several firms in Australia collate ASX research reports published by stockbrokers and gen
There's a couple of disadvantages to these databases:
1. Lack of depth: Smaller-cap companies are often covered by only one analyst.
2. Unknown update times: Analysts often stop coverage on a company with
Market Index tries to counter these pitfalls by:
• Publishing broker number: The number of brokers involved in a recomme
• Size Filter: Only the largest 150 companies in our consensus database are listed
• Freshness cut-off: Ratings older than 60 days are ignored.
Data Source
Market Index sources data from institutional distributors.
As brokers use several different rating systems, Market Index groups ratings according to
Market Index
Broker Rating
"Buy"
Strong Buy, Buy, Accumulate and Outperform.
"Hold"
Hold and Neutral.
"Sell"
Strong Sell, Sell, Reduce and Underperform.
How is the “Consensus” figure derived?
Rating
Score
Strong Buy
2.7+
Buy
2.69 - 2.2
Hold
2.19 - 1.81
Sell
1.80 - 1.50
Strong Sell
1.49 or less
Market Index gives each recommendation a score:
Buy = 3, Hold = 2, Sell = 1
The total is divided by the number of brokers.
Analysts have a bullish bias so cut-off scores aren't evenly spread. The levels are arbitrar
How to use the data
Consensus data should only be used to uncover companies that might warrant further inv
Want this Consensus Data sent to your inbox?
100% free. Unsubscribe anytime.

Code Company Price Buy Hold


ALL Aristocrat Leisure $31.91 9 3
BAP Bapcor Limited $6.82 4 1
CTD Corp Travel Limited $27.60 5 1
LNK Link Admin HLDG $7.36 6 2
MFG Magellan Fin Group Limited $24.08 6 2
NXT NEXTDC Limited $8.10 7 3
ORG Origin Energy $9.89 7 3
PLS Pilbara Min Limited $0.91 7 1
SGR The Star Ent Group $4.98 8 2
SIQ Smartgrp Corporation $12.03 5 2
SVW Seven Group Holdings $19.98 5 1
VVR Viva Energy REIT Stapled Securities $2.18 3 1
WEB Webjet Limited $14.16 4 1

HSN $3.08

5 reasons to buy Hansen Technologies Limited (ASX:HSN) s


(licensing)
nalysts and stockbrokers have difficulty beating the market average

tockbrokers and generate a "Consensus Recommendation" for each company. These data feeds are th

by only one analyst.


e on a company without notifying the market. This leads to outdated consensus data.

olved in a recommendation is displayed.


database are listed below. Analysts usually review their recommendation on large companies more of

ratings according to a basic 3-tier scale: Buy, Hold and Sell.


he levels are arbitrary and were selected to make skimming the list easier. You can make your own leve

ht warrant further investigation. Analysts often look solely at a company's fundamentals while ignoring
nbox?

Sell Consensus DIV PE 20-Jul book price


0 Strong Buy 1.78 40 31.527 -1.20%
0 Strong Buy
0 Strong Buy 27.91 1.12%
0 Strong Buy
0 Strong Buy 3.85% 23.82 -1.08%
0 Strong Buy
0 Strong Buy 9.712 -1.80%
0 Strong Buy
0 Strong Buy 3.25% 4.93 -1.00% 4.89
0 Strong Buy
0 Strong Buy
0 Strong Buy 2.98% 9.13 2.2 0.92%
0 Strong Buy

buy 1.95% 3.11 0.97%

ed (ASX:HSN) shares today


e market average .

ny. These data feeds are then on-sold to institutional clients for distribution.

sus data.

n large companies more often than small-caps.


ou can make your own levels using Excel.

ndamentals while ignoring market sentiment and momentum. Don't base any investment decision on
y investment decision on the data.
https://www.marketindex.com.au/analysis/consensus-recommendations-12-july-2018

Consensus Recommendations (12 July 2018)


12
JUL
2018
Australian analysts cover approximately 450 ASX listed companies.
Unfortunately, when reviewed individually many analysts an
About Consensus Data
Several firms in Australia collate ASX research reports published by stockbrokers a
There's a couple of disadvantages to these databases:
1. Lack of depth: Smaller-cap companies are often covered by only one an
2. Unknown update times: Analysts often stop coverage on a compan
Market Index tries to counter these pitfalls by:
• Publishing broker number: The number of brokers involved in a rec
• Size Filter: Only the largest 150 companies in our consensus database are
• Freshness cut-off: Ratings older than 60 days are ignored.
Data Source
Market Index sources data from institutional distributors.
As brokers use several different rating systems, Market Index groups ratings accor
Market Index
Broker Rating
"Buy"
Strong Buy, Buy, Accumulate and Outperform.
"Hold"
Hold and Neutral.
"Sell"
Strong Sell, Sell, Reduce and Underperform.
How is the “Consensus” figure derived?
Rating
Score
Strong Buy
2.7+
Buy
2.69 - 2.2
Hold
2.19 - 1.81
Sell
1.80 - 1.50
Strong Sell
1.49 or less
Market Index gives each recommendation a score:
Buy = 3, Hold = 2, Sell = 1
The total is divided by the number of brokers.
Analysts have a bullish bias so cut-off scores aren't evenly spread. The levels are a
How to use the data
Consensus data should only be used to uncover companies that might warrant furt
Want this Consensus Data sent to your inbox?
DON’T LOOSE MONEY Jul-12

Code Company Price Buy Hold


ALL Aristocrat Leisure $31.01 10 3
APT Afterpay Touch $10.40 5 1
CTD Corp Travel Limited $27.58 6 1
LNK Link Admin HLDG $7.44 7 3
NXT NEXTDC Limited $7.01 8 3
ORG Origin Energy $9.73 8 3
PLS Pilbara Min Limited $1.06 7 1
SGR The Star Ent Group $4.93 9 2
SIQ Smartgrp Corporation $11.88 5 2
SVW Seven Group Holdings $19.30 6 1
VVR Viva Energy REIT Staple $2.20 3 1
WEB Webjet Limited $13.09 4 1
any analysts and stockbrokers have difficulty beating the market ave

hed by stockbrokers and generate a "Consensus Recommendation" for each company. These data feed

overed by only one analyst.


coverage on a company without notifying the market. This leads to outdated consensus data.

okers involved in a recommendation is displayed.


nsensus database are listed below. Analysts usually review their recommendation on large companies
ignored.

x groups ratings according to a basic 3-tier scale: Buy, Hold and Sell.
pread. The levels are arbitrary and were selected to make skimming the list easier. You can make your

hat might warrant further investigation. Analysts often look solely at a company's fundamentals while
our inbox?
Jul-22 Index PE

Sell Consensus
0 Strong Buy Techno 31.36 1.13%
0 Strong Buy Techno 15.04 44.62%
0 Strong Buy 28.7 4.06%
0 Strong Buy
0 Strong Buy 7.18 2.43%
0 Strong Buy 9.45 -2.88%
0 Strong Buy Resources 1.03 -2.83%
0 Strong Buy 4.89 -0.81%
0 Strong Buy 12.42 4.55%
0 Strong Buy 20.47 6.06%
0 Strong Buy 2.195 -0.23%
0 Strong Buy 13.21 0.92%
g the market average .

company. These data feeds are then on-sold to institutional clients for distribution.

consensus data.

ation on large companies more often than small-caps.


asier. You can make your own levels using Excel.

ny's fundamentals while ignoring market sentiment and momentum. Don't base any investment decis

DIVIDEND
ase any investment decision on the data.
Dividend Yield Scan (12 July - 43 Results)
https://www.marketindex.com.au/analysis/dividend-yield-scan-12-july-2018

Code Company Price Yield


GEM G8 Education Limited $2.50 8.80%
FMG Fortescue Metals Group $4.37 8.24%
NAB National Aust. Bank $27.65 7.16%
SGP Stockland Units/ Stapled Secu $4.05 6.54%
WBC Westpac Banking Corp $29.29 6.42%
VCX Vicinity Centres Ordinary/Uni $2.62 6.22%
IFL IOOF Holdings Limited $9.14 5.91%
REG Regis Healthcare Limited $3.38 5.72%
ANZ ANZ Banking Group Limited $28.57 5.60%
SUL Super Ret Rep Limited $8.33 5.58%
SYD SYD Airport FP Stapled Secur $7.05 5.18%
MGR Mirvac Group Stapled Securit $2.20 5.00%
ECX Eclipx Group Limited $3.16 4.98%

0452 557 845


Gross Consensus Jul-20
12.57% Buy 2.5 0.00%
11.77% Buy 4.54 3.89%
10.23% Buy 28.3 2.35%
6.54% Buy 4.17 2.96%
9.17% Buy 29.9 2.08%
6.22% Buy 2.66 1.53%
8.44% Buy 9.41 2.95%
8.17% Buy 3.52 4.14%
8.00% Buy 29.36 2.77%
7.97% Buy 8.89 6.72%
5.18% Buy 7.18 1.84%
5.00% Buy 2.26 2.73%
7.12% Strong Buy 3.22 1.90%

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