Australian Shares Recommendations

Babcock & Brown Infrastructure (BBI) has a target price of $1.35 from Australian Stockmarket analyst Macquarie Research Equities.

Babcock & Brown Infrastructure (BBI) B&B pressure could be a positive for BBI

B&B & retail selling pressure:

Toll Holdings (TOL) has a $8.00 share price target from Australian stock analyst Macquarie Research Equities.

Toll Holdings Ltd (TOL): No Parachute Required

VBA look no strings — VBA Management has confirmed current plans for FY09 involve no parental nor external funding based on jet fuel US$160bbl (CIR $167). We assume no funding is provided by TOLL at any stage for VBA.

The Australian Banks underperformed the market by 0.7%.The Macquarie Research Equities (MRE) highlights about the Australian Banking Sector Impacts.

Which Banks to Support?

The Australian Banks underperformed the market by 0.7% last week, yet still trade well below their November 2007 highs. Macquarie Research Equities (MRE) highlight their sector picks as WBC and CBA given stronger balance sheets, low risk loan portfolio’s and lower exposure to offshore earnings. MRE assess the week in passing and reaffirm their sector guidance…

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Australian Resources Sector Preview provided by Australian market analyst UBS.

Resources Sector – Nickel looking more stainless!

Babcock & Brown (BNB) has a $25.00 share price target and a Neutral rating from Australian stockmarket analysts from Citi.

Babcock & Brown (BNB) Market cap review clause breached

Debt review trigger event has been breached:

Suncorp-Metway (SUN) has a retained Buy/Medium Risk rating and A$15.00 share price target from Australian Stockmarket analyst Macquarie Research Equities.

Suncorp-Metway (SUN) Ltd: Caution may place DRP underwrite on the agenda

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Sims Group (SGM) has a reiterated outperform recommendation with a 12 month price target of $43.12 from Australian stockmarket analysts from Macquarie Research.

Sims Group (SGM) Simmering Nicely

Orica (ORI) has a target price of $33.50 and an Outperform recommendation from Australian Stockmarket analyst Macquarie Research Equities..

Orica (ORI) – Money to Be Made In Ammonia

Oil Search (OSH) has a target price of A$7.08/share and a recommendation to Buy/High Risk from Australian stockmarket analyst Macquarie Research Equities.

Oil Search Ltd (OSH): LNG Phase II - Hides Potential Could Underwrite Expansion

MRE Macquarie Research Equities has retained Leighton Holdings (LEI) Outperform recommendation and $60.09 target Price.

Leighton Holdings (LEI) Still Money to Be Made in Construction

LEI has pulled back significantly in the past month after hitting it’s month high of $57.97 on 19th May and is now trading near it’s month low of $49.43. Macquarie Research Equities (MRE) attended LEI’s analyst briefing yesterday and were impressed with the companies progress. MRE retain their Outperform recommendation and $60.09 target Price, ~ 18.5% above yesterday’s close.