Business
Top brokers name 3 ASX shares to sell today 4 February 2021
On Wednesday 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 ASX shares that have just been given sell ratings by brokers are listed below. Here’s why these brokers are bearish on them:
According to a note out of UBS, its analysts have retained their sell rating and $3.86 price target on this Bunnings landlord’s shares. This follows the release of a half year result earlier this week that was a little softer than it was expecting. In addition to this, it has issues with its valuation and believes the market isn’t pricing in the risks it is facing. The BWP share price is currently fetching $4.11 on Thursday…
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