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Broker Notes: Why analysts name Collins Foods and Tassal to buy now?

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Moomoo News AU wrote a column · Jun 29, 2022 01:29
$Collins Foods Ltd (CKF.AU)$: Macquarie cuts the target price by 22% to A$11.50 and maintains an outperform rating on the stock.
Collins Foods' plan to raise prices at its KFC Australia stores for the third time since January is indicative of the headwinds that Macquarie analysts see facing consumer discretionary stocks. Collins expects margin pressures in its 2023 fiscal year as cost pressures mount.

$Tassal Group Ltd (TGR.AU)$: UBS has a buy rating on the stock.
Cooke's third proposal, with which Tassal has decided not to engage, is valued at A$4.85 a share and represents an 18% premium to UBS's last-published A$4.10 target price.
Broker Notes: Why analysts name Collins Foods and Tassal to buy now?
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