Business
Leading broker names its best ASX share ideas for April
One of Australia’s leading broker has released its best ideas for the month of April.
These ideas are the ones that the broker believes offer the highest risk-adjusted returns over a 12-month timeframe and are supported by a higher-than-average level of confidence.
What has changed this month?
The broker has added coal port operator Dalrymple Bay Infrastructure Ltd (ASX: DBI) and online listings company Frontier Digital Ventures Ltd (ASX: FDV) to its best ideas list this month.
Morgans notes that Dalrymple Bay Infrastructure offers a very generous dividend yield which is secured by contracts over the next five years.
Its analysts currently have an add rating and $2.57 price target on Dalrymple Bay Infrastructure’s shares.
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