Consensus Recommendations (7 October 2019)
Australian analysts cover approximately 450 ASX listed companies.
Unfortunately, when reviewed individually many analysts and stockbrokers have difficulty beating the market average.
About Consensus Data
Several firms in Australia collate ASX research reports published by stockbrokers and generate a "Consensus Recommendation" for each company. These data feeds are then on-sold to institutional clients for distribution.
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 without notifying the market. This leads to outdated consensus data.
Market Index tries to counter these pitfalls by:
• Publishing broker number: The number of brokers involved in a recommendation is displayed.
• Size Filter: Only the largest 150 companies in our consensus database are listed below. Analysts usually review their recommendation on large companies more often than small-caps.
• 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 a basic 3-tier scale: Buy, Hold and Sell.
How is the “Consensus” figure derived?
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 arbitrary and were selected to make skimming the list easier. You can make your own levels using Excel.
How to use the data
Consensus data should only be used to uncover companies that might warrant further investigation. Analysts often look solely at a company's fundamentals while ignoring market sentiment and momentum. Don't base any investment decision on the data.
| Code | Company | Price | Buy | Hold | Sell | Consensus |
|---|---|---|---|---|---|---|
| A2M | The a2 Milk Company | $12.19 | 5 | 4 | 6 | Hold |
| ABC | Adelaide Brighton | $2.91 | 3 | 4 | 5 | Hold |
| ABP | Abacus Property Group FP Ordinary/Units Stapled Securities | $3.96 | 0 | 3 | 0 | Hold |
| AGL | AGL Energy Limited | $19.02 | 0 | 6 | 7 | Strong Sell |
| AIA | Auckland Internation Foreign Exempt NZX | $8.47 | 1 | 1 | 8 | Strong Sell |
| ALL | Aristocrat Leisure | $30.86 | 12 | 2 | 1 | Strong Buy |
| ALU | Altium Limited | $32.34 | 3 | 3 | 0 | Buy |
| AMC | Amcor Plc Cdi 1:1 Foreign Exempt NYSE | $14.04 | 5 | 4 | 1 | Buy |
| AMP | AMP Limited | $1.70 | 2 | 7 | 4 | Hold |
| ANN | Ansell Limited | $26.37 | 3 | 7 | 1 | Hold |
| ANZ | ANZ Banking Group Limited | $27.17 | 5 | 9 | 1 | Hold |
| APA | APA Group FP Units Stapled Securities | $11.10 | 0 | 9 | 2 | Hold |
| APE | AP Eagers Limited | $13.85 | 5 | 2 | 1 | Buy |
| APT | Afterpay Touch | $34.15 | 7 | 2 | 1 | Buy |
| APX | Appen Limited | $21.20 | 4 | 4 | 0 | Buy |
| AST | Ausnet Services Limited | $1.80 | 1 | 7 | 2 | Hold |
| ASX | ASX Limited | $80.44 | 0 | 3 | 9 | Strong Sell |
| AWC | Alumina Limited | $2.29 | 5 | 3 | 4 | Hold |
| AZJ | Aurizon Holdings Limited | $5.82 | 3 | 5 | 3 | Hold |
| BAP | Bapcor Limited | $7.05 | 5 | 2 | 0 | Strong Buy |
| BEN | Bendigo and Adelaide | $11.10 | 0 | 1 | 12 | Strong Sell |
| BHP | BHP Group Limited | $35.30 | 4 | 10 | 3 | Hold |
| BKW | Brickworks Limited | $17.44 | 0 | 5 | 0 | Hold |
| BLD | Boral Limited | $4.56 | 5 | 3 | 1 | Buy |
| BOQ | Bank of Queensland | $9.55 | 1 | 5 | 9 | Strong Sell |
| BPT | Beach Energy Limited | $2.43 | 3 | 10 | 2 | Hold |
| BRG | Breville Group Limited | $15.80 | 0 | 3 | 4 | Strong Sell |
| BSL | Bluescope Steel Limited | $11.60 | 4 | 6 | 1 | Hold |
| BWP | BWP Trust Ordinary Units FP | $3.95 | 0 | 1 | 4 | Strong Sell |
| BXB | Brambles Limited | $10.94 | 1 | 8 | 2 | Hold |
| CAR | Carsales.com Limited | $15.05 | 5 | 6 | 3 | Hold |
| CBA | Commonwealth Bank | $77.59 | 1 | 6 | 8 | Sell |
| CCL | Coca-Cola Amatil | $10.45 | 0 | 4 | 9 | Strong Sell |
| CCP | Credit Corp Group | $29.45 | 2 | 4 | 1 | Hold |
| CGF | Challenger Limited | $6.93 | 3 | 9 | 2 | Hold |
| CHC | Charter Hall Group Stapled Securities US Prohibited | $11.66 | 2 | 1 | 2 | Hold |
| CLW | CHTR H LWR FP Units Stapled Securities | $5.76 | 2 | 1 | 1 | Hold |
| CMW | Cromwell Prop FP Ordinary/Units Stapled Securities | $1.265 | 0 | 2 | 2 | Sell |
| COH | Cochlear Limited | $206.83 | 0 | 6 | 7 | Strong Sell |
| CPU | Computershare Limited | $15.64 | 4 | 5 | 2 | Hold |
| CQR | Charter Hall Retail Units FP | $4.29 | 0 | 6 | 2 | Sell |
| CRN | Coronado Global Res Cdi 10:1 US Prohibited Excluding QIB | $2.34 | 6 | 2 | 0 | Strong Buy |
| CSL | CSL Limited | $236.34 | 7 | 6 | 0 | Buy |
| CSR | CSR Limited | $4.00 | 2 | 0 | 8 | Strong Sell |
| CTD | Corp Travel Limited | $18.10 | 7 | 1 | 1 | Buy |
| CTX | Caltex Australia | $25.84 | 8 | 5 | 0 | Buy |
| CWN | Crown Resorts Limited | $12.10 | 5 | 7 | 0 | Buy |
| CYB | CYBG Plc Cdi 1:1 Foreign Exempt Lse | $2.01 | 3 | 3 | 2 | Hold |
| DHG | Domain Holdings Aus | $3.32 | 2 | 6 | 2 | Hold |
| DMP | Domino PIZZA Enterpr | $47.96 | 7 | 3 | 1 | Buy |
| DOW | Downer Edi Limited | $7.64 | 5 | 2 | 1 | Buy |
| DXS | Dexus FP Units Stapled Securities | $12.12 | 1 | 3 | 4 | Sell |
| EVN | Evolution Mining Limited | $4.61 | 3 | 8 | 4 | Hold |
| EVT | Event Hospitality | $12.92 | 3 | 3 | 0 | Buy |
| FBU | Fletcher Building Foreign Exempt NZX | $4.45 | 1 | 10 | 1 | Hold |
| FMG | Fortescue Metals Group | $8.62 | 7 | 5 | 10 | Hold |
| FPH | Fisher & Paykel H Foreign Exempt NZX | $15.97 | 1 | 5 | 6 | Sell |
| GMG | Goodman Group FP Ordinary/Units Stapled Securities | $14.22 | 4 | 2 | 3 | Hold |
| GOZ | Growthpoint Property FP Ordinary/Units Stapled Securities | $4.32 | 0 | 2 | 1 | Sell |
| GPT | GPT Group FP Ordinary/Units Stapled Securities | $6.16 | 0 | 7 | 2 | Sell |
| HLS | Healius | $3.07 | 4 | 6 | 0 | Buy |
| HVN | Harvey Norman | $4.47 | 0 | 6 | 4 | Sell |
| IAG | Insurance Australia | $7.67 | 1 | 8 | 3 | Hold |
| IEL | Idp Education Limited | $15.56 | 4 | 4 | 1 | Buy |
| IFL | IOOF Holdings Limited | $6.17 | 1 | 7 | 2 | Hold |
| IGO | Independence Group | $6.18 | 7 | 4 | 4 | Hold |
| ILU | Iluka Resources | $7.85 | 3 | 7 | 0 | Hold |
| IPH | IPH Limited | $8.39 | 1 | 5 | 0 | Hold |
| IPL | Incitec Pivot | $3.25 | 5 | 6 | 0 | Buy |
| IRE | Iress Limited | $11.13 | 1 | 5 | 0 | Hold |
| IVC | Invocare Limited | $13.60 | 2 | 5 | 1 | Hold |
| JBH | JB Hi-Fi Limited | $34.24 | 2 | 8 | 4 | Hold |
| JHX | James Hardie Indust Chess Depositary Interests 1:1 | $24.28 | 7 | 1 | 2 | Buy |
| JIN | Jumbo Interactive | $26.90 | 2 | 1 | 1 | Hold |
| LLC | Lendlease Group FP Ordinary/Units Stapled Securities | $16.93 | 7 | 1 | 0 | Strong Buy |
| LNK | Link Admin HLDG | $5.56 | 9 | 1 | 0 | Strong Buy |
| LYC | Lynas Corporation | $2.58 | 3 | 0 | 0 | Strong Buy |
| MFG | Magellan Fin Group Limited | $50.87 | 0 | 2 | 10 | Strong Sell |
| MGR | Mirvac Group FP Ordinary/Units Stapled Securities | $3.05 | 2 | 2 | 4 | Sell |
| MPL | Medibank Private Limited | $3.25 | 2 | 4 | 6 | Sell |
| MQG | Macquarie Group Limited | $126.44 | 8 | 5 | 0 | Buy |
| MTS | Metcash Limited | $2.90 | 4 | 2 | 6 | Hold |
| NAB | National Aust. Bank | $27.85 | 6 | 6 | 2 | Hold |
| NAN | Nanosonics Limited | $6.13 | 2 | 2 | 3 | Hold |
| NCM | Newcrest Mining | $35.47 | 2 | 6 | 7 | Sell |
| NEC | Nine Entertainment | $1.90 | 7 | 2 | 0 | Strong Buy |
| NHC | New Hope Corporation | $2.16 | 4 | 1 | 1 | Buy |
| NHF | Nib Holdings Limited | $6.98 | 1 | 3 | 7 | Strong Sell |
| NST | Northern Star | $11.70 | 6 | 8 | 3 | Hold |
| NUF | Nufarm Limited | $6.49 | 6 | 4 | 0 | Buy |
| NWL | Netwealth Group | $8.76 | 2 | 6 | 2 | Hold |
| NXT | NEXTDC Limited | $6.04 | 9 | 2 | 0 | Strong Buy |
| ORA | Orora Limited | $2.78 | 3 | 6 | 1 | Hold |
| ORG | Origin Energy | $7.74 | 10 | 3 | 0 | Strong Buy |
| ORI | Orica Limited | $22.65 | 1 | 6 | 3 | Hold |
| OSH | Oil Search Limited 10 Toea | $7.04 | 8 | 7 | 1 | Buy |
| OZL | OZ Minerals | $9.28 | 9 | 6 | 0 | Buy |
| PDL | Pendal Group Limited | $6.96 | 6 | 7 | 1 | Buy |
| PME | Pro Medicus Limited | $29.36 | 1 | 5 | 1 | Hold |
| PMV | Premier Investments | $18.85 | 5 | 3 | 3 | Hold |
| PPT | Perpetual Limited | $36.39 | 0 | 8 | 4 | Sell |
| PTM | Platinum Asset | $4.02 | 0 | 4 | 7 | Strong Sell |
| QAN | Qantas Airways | $6.37 | 8 | 1 | 1 | Strong Buy |
| QBE | QBE Insurance Group | $12.31 | 7 | 4 | 1 | Buy |
| QUB | QUBE Holdings Limited | $3.19 | 2 | 4 | 4 | Hold |
| REH | Reece Limited | $10.61 | 2 | 2 | 0 | Buy |
| RHC | Ramsay Health Care | $64.55 | 4 | 7 | 2 | Hold |
| RMD | Resmed Inc Cdi 10:1 Foreign Exempt NYSE | $19.28 | 7 | 2 | 4 | Hold |
| RRL | Regis Resources | $4.91 | 4 | 6 | 5 | Hold |
| RWC | Reliance Worldwide | $3.92 | 5 | 5 | 0 | Buy |
| S32 | SOUTH32 Limited | $2.43 | 8 | 13 | 3 | Hold |
| SAR | Saracen Mineral | $3.58 | 4 | 3 | 4 | Hold |
| SBM | ST Barbara Limited | $2.75 | 4 | 3 | 2 | Hold |
| SCG | Scentre Group FP Ordinary/Units Stapled Securities | $3.93 | 2 | 4 | 2 | Hold |
| SCP | Sca Property Group FP Units Stapled Securities | $2.62 | 1 | 4 | 3 | Sell |
| SDF | Steadfast Group Limited | $3.40 | 4 | 3 | 0 | Buy |
| SEK | Seek Limited | $20.71 | 6 | 5 | 0 | Buy |
| SGM | Sims Metal MGMT Limited | $9.82 | 1 | 4 | 4 | Sell |
| SGP | Stockland FP Ordinary/Units Stapled Securities | $4.46 | 1 | 4 | 3 | Sell |
| SGR | The Star Ent Group | $4.30 | 9 | 3 | 0 | Strong Buy |
| SHL | Sonic Healthcare | $28.02 | 3 | 8 | 1 | Hold |
| SIQ | Smartgrp Corporation | $12.03 | 7 | 1 | 0 | Strong Buy |
| SKI | Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib | $2.14 | 1 | 6 | 3 | Hold |
| SOL | Soul Pattinson (W.H) | $20.84 | 0 | 1 | 0 | Hold |
| SPK | Spark New Zealand Foreign Exempt NZX | $4.24 | 2 | 5 | 4 | Hold |
| STO | Santos Limited | $7.28 | 10 | 8 | 0 | Buy |
| SUL | Super Ret Rep Limited | $9.56 | 8 | 3 | 1 | Buy |
| SUNDC | Suncorp Group Limited Deferred Settlement | $13.48 | 6 | 3 | 3 | Hold |
| SVW | Seven Group Holdings | $16.62 | 4 | 1 | 0 | Strong Buy |
| TAH | Tabcorp Holdings Limited | $4.83 | 3 | 7 | 3 | Hold |
| TCL | Transurban Group FP Ordinary/Units Stapled Securities | $14.53 | 1 | 7 | 5 | Sell |
| TLS | Telstra Corporation | $3.42 | 5 | 7 | 2 | Hold |
| TNE | Technology One | $7.14 | 1 | 4 | 2 | Hold |
| TPM | TPG Telecom Limited | $6.93 | 2 | 6 | 2 | Hold |
| TWE | Treasury Wine Estate | $17.92 | 10 | 2 | 3 | Buy |
| URW | Unibailrodawestfield Cdi 20:1 Foreign Exempt Xpar | $10.40 | 2 | 2 | 0 | Buy |
| VCX | Vicinity Centres FP Ordinary/Units Stapled Securities | $2.54 | 2 | 5 | 1 | Hold |
| VEA | Viva Energy Group | $1.875 | 7 | 2 | 0 | Strong Buy |
| VOC | Vocus Group Limited | $3.42 | 3 | 7 | 2 | Hold |
| VVR | Viva Energy REIT FP Ordinary/Units Stapled Securities | $2.92 | 0 | 3 | 0 | Hold |
| WBC | Westpac Banking Corp | $28.42 | 4 | 8 | 3 | Hold |
| WES | Wesfarmers Limited | $38.67 | 0 | 7 | 7 | Sell |
| WHC | Whitehaven Coal | $3.11 | 10 | 3 | 3 | Buy |
| WOR | Worleyparsons Limited | $12.51 | 9 | 1 | 1 | Strong Buy |
| WOW | Woolworths Group Limited | $36.32 | 1 | 4 | 7 | Sell |
| WPL | Woodside Petroleum | $30.85 | 9 | 6 | 2 | Buy |
| WTC | Wisetech Global Limited | $33.50 | 5 | 3 | 2 | Hold |
| XRO | Xero Limited | $62.30 | 6 | 3 | 4 | Hold |
| YAL | Yancoal Aust Limited | $3.06 | 1 | 1 | 0 | Buy |
| Z1P | ZIP Co Limited | $4.80 | 3 | 1 | 0 | Strong Buy |
NOTE: Share prices as at previous close. Analysts tend to produce more reports with a “Buy” than a “Sell” so the number of recommendations generally favour the buy side.
Consensus Data in your feed