Australian Shares Recommendations

Macquarie Infrastructure Group (MIG) has an Outperform recommendation with a 12 month price target of $4.10 from Australian Stockmarket analyst Macquarie Research Equities.

Macquarie Infrastructure Group (MIG) – Deal Provides Valuation Clarity

Australian Economics Update provided by Australian stockmarket analyst Macquarie Research Equities.

Australian Economics – Is there a Global Food Crisis Cooking?

St George Bank (SGB) has a price target of $34.00 from sharemarket analyst Macquarie Research Equities.

St George Bank (SGB) What could the other banks pay?

WBC looks well positioned with SGB Board support:

Given the SGB Board's support for its 1.31 for 1 bid (subject to no superior proposals being made), WBC appears to be well positioned. As a result, we believe a counter-bid would need to be at least 5-10% higher than WBC's proposal in order to win the SGB Board's support. This leads to two key questions.

Here is an Australian Energy update from Australian market analyst UBS.

What do WPL, STO and OSH look like at US$100/bbl oil price parity for LNG?

Is our LT assumption of US$10/mmbtu conservative?:

We have recently upgraded the UBS our oil price forecast by a material amount, but we have left our long term Asia Pacific LNG pricing assumption of US$10/mmbtu unchanged. Is this too conservative?

Asia Pacific LNG prices are moving towards oil price parity:

QBE Insurance Group (QBE) raised its proposed price for each IAG share to $0.90 cash and 0.145 QBE shares (previously $0.70 and 0.142) from Australian stockmarket analyst Macquarie Research Equities.

QBE Insurance Group (QBE) Increases proposed price

Event: Revised offer:

Brambles (BXB) has a price target of $10.00 from Australian stock analyst UBS.

Brambles (BXB) Re-visiting IFCO

A combined entity looks increasingly compelling:

Leighton Holdings (LEI). MRE retained their outperform recommendation on the stock and have upgraded their 12 month price target on the stock to $60.09 (previously $54.76).

LEI – The Missing Link

National Australia Bank (NAB) has a particularly strong result in cost control and therefore an excellent operating performance from stockmarket analyst Macquarie Research Equities.

National Australia Bank (NAB): Dividend Yield Play – 10 Days to Go!

t’s bank dividend season again, and NAB follows ANZ and WBC this year with a $0.97 fully franked dividend, going ex-div on Friday 30th May. If you are looking for a high dividend trade, the following Dividend Yield Play strategy for the upcoming NAB dividend could be an interesting trade idea. .

This update on the Australian Equity Strategy is provided by the Australian stock analyst Macquarie Research Equities.

Australian Equity Strategy

Market Outlook - Sizing Up The Rally

Valuation Now Closer To "Fair Value" From "Attractive":

BHP Billiton (BHP) acquired its outstanding stake in Anglo Potash from Australian stock analyst Macquarie Research Equities.

Australian Resources Weekly

Potash market overview

BHP acquires its outstanding stake in Anglo Potash: