市场见解

Top brokers name 3 ASX shares to sell today

Brokers are bearish on these ASX shares…
The post Top brokers name 3 ASX shares to sell today appeared first on The Motley Fool Australia. –

Yesterday I looked at three ASX shares brokers have given buy ratings to this week.

Unfortunately, not all shares are in favour with them right now. Three ASX shares that have just been given sell ratings by brokers are listed below. Here’s why these brokers are bearish on them:

Lendlease Group (ASX: LLC)

According to a note out of Morgan Stanley, its analysts have downgraded this engineering company’s shares to an underweight rating and reduced the price target on them to $11.40. The broker has concerns over whether Lendlease’s longer term production targets are sustainable and sees limited upside in the near term. The Lendlease share price is trading at $11.26 today.

麦格里银行 (ASX: MQG)

A note out of Citi reveals that its analysts have retained their sell rating but lifted their price target on this investment bank’s shares to $153.00. This follows the release of a decent trading update this week which revealed that a better than expected performance is being forecast by management. However, the broker holds firm with its sell rating on valuation grounds. It feels the company’s shares are expensive at the current level. The Macquarie share price is fetching $177.34 on Thursday.

Pro Medicus Limited (ASX: PME)

Analysts at Goldman Sachs have downgraded this health imaging technology company’s shares to a sell rating with a slightly reduced price target of $54.00. According to the note, the broker was pleased with Pro Medicus’ performance in FY 2021. And although it believes the company is well-placed to continue its strong growth, it feels its valuation is getting stretched. Goldman notes there is insufficient visibility to justify a 63x forward sales multiple. The Pro Medicus share price is trading at $58.50.

The post Top brokers name 3 ASX shares to sell today appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of August 16th 2021

More reading

The Macquarie (ASX:MQG) share price has gained 3 times that of CBA over 5 years
ASX 200 (ASX:XJO) midday update: Tech shares fall, Fortescue upgraded

Top broker gives its verdict on the Macquarie (ASX:MQG) share price
5 things to watch on the ASX 200 on Thursday

ASX 200 falls, Macquarie jumps, Aussie Broadband climbs

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Pro Medicus Ltd. The Motley Fool Australia owns shares of and has recommended Macquarie Group Limited and Pro Medicus Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!