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. –

On Wednesday, we looked at three ASX shares that brokers have given buy ratings to this week.

On the flip side, today we look at a few shares that have just been given sell ratings by brokers. Here’s why they are bearish on these ASX shares:

Charter Hall Retail REIT (ASX: CQR)

According to a note out of Morgan Stanley, its analysts have downgraded this REIT’s shares to an underweight rating with a $4.05 price target. The broker made the move on the belief that smaller Australian retail REITs with regional exposure could underperform in the next 12 to 18 months. This is based on the normalisation of trade post-COVID and the softening of regional migration growth as people return to urban areas. The Charter Hall Retail REIT share price is trading at $4.29 on Thursday.

银行及金融 - 澳洲联邦银行 (ASX: CBA)

A note out of Citi reveals that its analysts have retained their sell rating and $94.50 price target on this banking giant’s shares. The broker believes CBA’s shares are fully value given slowing growth in mortgage lending and strong competition. Citi also believes the bank’s expenses will increase quicker than income and notes that its weak position in business banking means it will miss out on stronger trading conditions at that side of banking. The CBA share price is trading at $96.03 today.

TechnologyOne Ltd (ASX: TNE)

Analysts at Macquarie have downgraded this enterprise software company’s shares to an underperform rating but with an improved price target of $11.00. This follows the release of the company’s full year results. While the broker has increased its earnings estimates for the coming years, it isn’t enough for a more positive rating. Macquarie believes TechnologyOne’s shares are expensive in comparison to peers. The TechnologyOne share price is fetching $11.92 on Thursday.

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

Should you invest $1,000 in CBA right now?

Before you consider CBA, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and CBA wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

Macquarie (ASX:MQG) is now a big four bank

Why Bapcor, Mayne Pharma, Race Oncology, and TechnologyOne shares are sinking

Why is the Technology One (ASX:TNE) share price tumbling 9% today?

Is the TechnologyOne (ASX:TNE) share price a buy after its results?

Is the CBA (ASX:CBA) share price premium relative to other big banks justified?

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. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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!