Top brokers name 3 ASX shares to sell next week 18 April 2021

Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.

Three sell ratings that caught my eye are summarised below. Here’s why top brokers think investors ought to sell these shares next week:

Macquarie Group Ltd (ASX: MQG)

According to a note out of Citi, its analysts have retained their sell rating and $125.00 price target on this investment bank’s shares. Citi believes it is inevitable that Macquarie will be forced to guide to an earnings decline next year. This is due to some significant one-offs boosting its profits this year. In light of this, the broker believes its shares are overvalued at the current level. The Macquarie share price was fetching…