Business
Leading brokers name 3 ASX shares to sell today 1 December 2020
On Monday I looked at three ASX shares that brokers have given buy ratings to this week.
Unfortunately, not all shares are in favour with them right now. Three that have just been given sell ratings are listed below.
Here’s why these brokers are bearish on these ASX shares:
Domino’s Pizza Enterprises Ltd (ASX: DMP)
According to a note out of Credit Suisse, its analysts have retained their underperform rating and $58.71 price target on this pizza chain operator’s shares. This follows the company’s investor day event. Although it took away a number of positives from the event, such as store growth plans and strong operating leverage potential, it still appears concerned over its valuation. And with nothing on the horizon…
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