Citi Raises Price Target for Northern Star Resources Amid De Grey Mining Takeover Review

Citi analysts have raised the price target for Australian gold miner Northern Star Resources (ASX:NST) to AU$18, up from AU$17.90, following an independent expert review of De Grey Mining’s (ASX:DEG) valuation. De Grey, a takeover target for Northern Star, was valued between AU$4 billion …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Macquarie Raises South32 Price Target, Reaffirms ‘Outperform’ Rating

Macquarie analysts have raised their price target for Australian diversified miner South32 (ASX:S32) by 2%, from AU$4.41 to AU$4.50, while maintaining an “outperform” rating. The brokerage reiterated its preference for South32 among Australian miners, highlighting the company’s advantage of not being exposed to the …

Team Kalkine | 14 Mar 2025| Read Time : 10 Mins

Premier Investments Stock Dips as Macquarie Slashes Price Target

Shares of Premier Investments (ASX:PMV) slipped 1.1% to AU$21.08 on Thursday after analysts at Macquarie lowered their price target on the stock by 25.5% to AU$21.61, citing earnings concerns following the company's apparel business divestment. The revised target reflects the impact of Premier's decision …

Team Kalkine | 13 Mar 2025| Read Time : 10 Mins

Yancoal and Inghams Plunge as Shares Trade Ex-Dividend

Shares of Yancoal Australia Ltd (ASX:YAL) and Inghams Group Ltd (ASX:ING) tumbled sharply on Thursday as both companies traded ex-dividend, making them the two biggest losers on the S&P/ASX 200 Index. Yancoal’s stock plunged 11.9% to AU$5.33, hitting its lowest level since September 2024 …

Team Kalkine | 13 Mar 2025| Read Time : 10 Mins

Flight Centre Shares Slip Amid Market Pessimism, But Analysts See Value

Shares of Flight Centre Travel Group (ASX:FLT) closed down 0.6% on Thursday, reversing earlier gains of 1.5%. The stock has fallen 17.6% year-to-date, reflecting ongoing investor concerns over travel demand amid global economic uncertainty. Despite the decline, Morningstar believes the market's pessimism is overblown. …

Team Kalkine | 13 Mar 2025| Read Time : 10 Mins

Australian Stock Market Rebounds After Three Days of Decline

The Australian stock market edged higher on Thursday, recovering some ground after three consecutive sessions of losses. The S&P/ASX 200 Index gained 22.10 points, or 0.28%, to 7,808.30, after touching a high of 7,816.30 earlier in the day. The broader All Ordinaries Index also …

Team Kalkine | 13 Mar 2025| Read Time : 10 Mins

Woodside Energy Hits 52-Week Low Despite Analyst Upgrades and Significant Dividend Yield

Woodside Energy Group Ltd (NYSE:WDS) hit a new 52-week low on Monday, with shares falling to $14.26 during trading before closing slightly higher at $14.25. This marks a notable drop from the previous close of $14.43, with over 769,000 shares exchanging hands. The decline …

Team Kalkine | 13 Mar 2025| Read Time : 10 Mins