Broker Notes: Why analysts name ARB Corp, Brambles and QBE to buy now?

$ARB Corp Ltd(ARB.AU)$: Citi keeps a buy rating on the stock and trims the target 3.2% to A$46.63.

ARB Corp.'s slowing sales momentum should prove to be temporary and improve as supply chains normalize, Citi analysts say.

Shares are 4.24% lower at A$31.82.

$Brambles Ltd(BXB.AU)$: RBC maintains an outperform rating on the stock and lifts target price by 3.7% to A$14.00.

Brambles looks set to proceed with the supply of plastic pallets to Costco in a move that will strengthen its economic and strategic position in the U.S., RBC Capital Markets says.

Shares are 0.95% lower at A$10.48.

$QBE Insurance Group Ltd(QBE.AU)$: Citi retains its buy call as it sees QBE's likely growth profile as attractive despite it remaining in cautious mode.

QBE's estimate of the Ukraine war hit seems relatively high compared with peers, and could even be potentially conservative, says Citi.

Shares are 0.32% lower at A$12.64.

$WiseTech Global Ltd(WTC.AU)$: Citi has a neutral rating and A$46.35 target price on the stock.

WiseTech Global's global rollouts, new customer wins and custom development work should offset a slowdown in volumes but the logistics-software provider's valuation still looks stretched to Citi's analysts.

Shares are 5.59% lower at A$41.37.

$Flight Centre Travel Group Ltd(FLT.AU)$: Jefferies has an underperform call on Flight Centre.

The good news for Flight Centre's investors is that pent-up demand for travel is strong and Jefferies analyst Michael Simotas expects total transaction value to recover to pre-pandemic levels.

Shares are 1.92% lower at A$20.98.

$Harvey Norman Holdings Ltd(HVN.AU)$: Jefferies drops Harvey Norman to hold from buy, and cuts price target on the stock by 13% to A$5.30/share.

Harvey Norman has navigated the pandemic well, delivering strong dividends and impressive sales, but the rising cost of living in Australia is spooking Jefferies.

Shares are 3.93% lower at A$4.65.