• Which ASX shares just got downgraded by brokers?

    Two people tired and resting after sports race.

    S&P/ASX All Ords Index (ASX: XAO) shares are down 0.6% to 8,900.2 points on Thursday.

    The energy sector is leading today, up 1%, after Iran President Masoud Pezeshkian gave a speech at the UN General Assembly.

    Pezeshkian said Iran would not allow ships through the Strait of Hormuz as long as the US blockade and sanctions remained in place.

    The real estate sector is the laggard today, down 1.7%, as the market continues to anticipate an 0.25% interest rate rise next week.

    Meanwhile, the experts have reduced their ratings on numerous ASX shares.

    Let’s see a sample.

    Resolute Mining Ltd (ASX: RSG)

    The Resolute Mining share price is $1.20, down 2.3% today.

    Over the past month, this ASX 200 gold share has fallen 11%.

    Macquarie downgraded Resolute Mining shares to a hold rating on Monday.

    The broker lowered its 12-month price target from $1.45 to $1.35.

    This implies a potential 12% upside ahead.

    Elders Ltd (ASX: ELD)

    The Elders share price is $6.46, up 0.8% today.

    Over the past month, this ASX 200 consumer staples share has ascended 11%.

    Citi downgraded Elders shares to a hold rating this week.

    The broker has a 12-month price target of $6.60.

    This suggests a potential 2% upside ahead.

    New Hope Corporation Ltd (ASX: NHC)

    The New Hope Corporation share price is $5.84, down 0.2% today.

    Over the past month, this ASX 200 coal share has fallen 1%.

    Morgans downgraded New Hope shares to a hold recommendation this week.

    The broker said: 

    Strong run, balanced view – NHC shares have rallied 60% YTD, supported by stronger coal prices and improving market sentiment. While we remain constructive on thermal coal fundamentals, the recent share price performance may provide an opportunity for investors to crystallise some gains.

    Cash surprise drives dividend beat – Strong operational delivery and a year-end cash balance of A$485m supported a fully franked 30cps final dividend, materially ahead of MorgansF (20cps) and consensus (14cps).

    Operational performance exceeded expectations – NHC delivered record saleable coal production of 11.5Mt and coal sales of 11.8Mt, exceeding the top end of guidance and demonstrating the resilience of its operations despite disruptions throughout the year.

    AIC Mines Ltd (ASX: A1M)

    The AIC Mines share price is 88 cents, down 4% today.

    Over the past month, this ASX mining share has risen 8%.

    MA Financial Group downgraded this gold and copper miner to a hold rating yesterday.

    The broker increased its 12-month price target from 77 cents to 89 cents.

    This implies a potential 1% gain over the next year. 

    The post Which ASX shares just got downgraded by brokers? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Resolute Mining right now?

    Before you buy Resolute Mining shares, consider this:

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

    The online investing service he’s run for over 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 may be better buys…

    * Returns as of 1 August 2026

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    Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Elders, Ma Financial Group, and Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Buy, hold, sell: Echo IQ, Bluescope Steel, Lovisa shares

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    S&P/ASX 200 Index (ASX: XJO) shares are 0.8% lower at 8,691.8 points on Thursday.

    Here are some new expert recommendations on three ASX stocks.

    Lovisa Holdings Ltd (ASX: LOV)

    The Lovisa share price is steady at $24.52 today, and down 36% over 12 months. 

    Bell Potter upgraded this ASX consumer discretionary share from hold to buy.

    The broker kept its price target at $27.

    Analyst Chami Ratnapala said: 

    While we remain cautious on the current weak consumer landscape and investments into market share & store refits to mitigate competitive pressures in key markets, we see a higher tolerance re accessibility from a low price point perspective together with a strong gross margin.

    Post the market sell-off, we think the current valuation at ~22x FY27e P/E (BPe) which is a ~20% discount to LOV’s recent mid-cycle P/E as BPe of 28.5x appears attractive, and we upgrade our recommendation to BUY.

    BlueScope Steel Ltd (ASX: BSL)

    The Bluescope share price is $30.44, up 1.4% today and up 35% over 12 months. 

    Andrew Wielandt from DP Wealth Advisory has a hold rating on this ASX 200 materials share. 

    Wielandt said (courtesy The Bull):  

    BlueScope delivered a strong result in full year 2026. Underlying earnings before interest and tax increased to $1.273 billion, supported by stronger US steel production, margins and a record Southeast Asian performance.

    Management delivers disciplined cost management. We expect free cash flow to improve and and support total shareholder returns.

    However, BSL remains a cyclical business. Despite the business performing well, the operating environment remains volatile, which is behind our hold recommendation.

    Echo IQ Ltd (ASX: EIQ)

    The Echo IQ share price is 69 cents, up 7% today and up 260% over 12 months. 

    Bell Potter downgraded this ASX tech share from speculative hold to speculative sell.

    The broker slashed its 12-month price target from $1.75 to 30 cents.

    Analyst John Hester said:

    The company’s 510(k) application for registration of EchoSolv HF has been rejected by the FDA.

    The agency issued a detailed ‘Not Substantially Equivalent’ notice which describes the reasons for its decision.

    The company revealed little regarding the contents of the NSE and only highlighted disagreement on matters of statistical
    analysis.

    EIQ intends to hold further dialogue with the Agency in order to determine if there is a path forward, hence it created an expectation for a future approval either via a resubmission of the 510(k) or alternative registration pathway.

    The post Buy, hold, sell: Echo IQ, Bluescope Steel, Lovisa shares appeared first on The Motley Fool Australia.

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

    Before you buy Lovisa shares, consider this:

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

    The online investing service he’s run for over 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 may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Lovisa. The Motley Fool Australia has recommended Lovisa. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Buy, hold, sell: New Hope, REA, Telix Pharmaceuticals shares

    Couple using their digital tablet together.

    S&P/ASX 200 Index (ASX: XJO) shares are down 0.9% to 8,689.1 points on Thursday.

    Meanwhile, three experts share their views on three ASX 200 shares.

    Let’s take a look.

    Telix Pharmaceuticals Ltd (ASX: TLX)

    The Telix Pharmaceuticals share price is $16.02, down 0.4% today and up 4% over 12 months. 

    Bell Potter has a buy rating on this ASX 200 healthcare share. 

    Analyst John Hester said: 

    TLX has announced a scrip-based merger with the privately owned ITM Group, based in Germany for consideration of up to US$2.35bn.

    ITM is a leading manufacturer of therapeutic isotopes, including Lu-177, being the dominant therapeutic isotope for the treatment of cancers including for the Novartis blockbuster Pluvicto.

    The merger creates a vertically integrated radiopharmaceutical company with enhanced capabilities across development, isotope production and global manufacturing.

    [The merger] represents a once in a lifetime opportunity to acquire a dominant share in the supply of Lu-177 that is very difficult to replicate. While earnings may take a year or two to realise, the underlying value is obvious.

    New Hope Corporation Ltd (ASX: NHC)

    The New Hope Corporation share price is $5.86, down 0.09% today and up 49% over 12 months. 

    Morgans has a hold rating on this ASX 200 coal share.

    The broker said: 

    Cash surprise drives dividend beat – Strong operational delivery and a year-end cash balance of A$485m supported a fully franked 30cps final dividend, materially ahead of MorgansF (20cps) and consensus (14cps).

    Operational performance exceeded expectations – NHC delivered record saleable coal production of 11.5Mt and coal sales of 11.8Mt, exceeding the top end of guidance and demonstrating the resilience of its operations despite disruptions throughout the year.

    Strong run, balanced view – NHC shares have rallied 60% YTD, supported by stronger coal prices and improving market sentiment. While we remain constructive on thermal coal fundamentals, the recent share price performance may provide an opportunity for investors to crystallise some gains.

    REA Group Ltd (ASX: REA)

    The REA share price is $151.55, down 0.5% today and down 34% over 12 months. 

    Morgans has a sell rating on this ASX 200 communications share. 

    Analyst Michael Ardrey said:

    Despite REA’s ability to generate strong results in challenged operating environments, we continue to see significant downside risk to listings volumes/earnings vs. company guidance and consensus and await further data points via lending volumes and market listings before re-considering our thesis.

    The post Buy, hold, sell: New Hope, REA, Telix Pharmaceuticals shares appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Telix Pharmaceuticals right now?

    Before you buy Telix Pharmaceuticals shares, consider this:

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

    The online investing service he’s run for over 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 may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Telix Pharmaceuticals. The Motley Fool Australia has recommended Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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