Collected Wisdom

This week we look at Fortescue Metals, Iluka Resources, Insurance Australia Group, OZ Minerals and Challenger.

Summary: The newsletters are bullish on Fortescue Metals, despite the iron ore miner falling short of third-quarter production forecasts and expectations it may not meet its full-year guidance, and the majority also like Iluka Resources, even after its fall in quarterly revenue and production. Insurer IAG is generally seen as a hold, as is annuity provider and fund manager Challenger, however views are more divided on copper and gold miner OZ Minerals.

Key take-out: Company analysts say the appeal for Fortescue lies in its ability to deliver iron ore in the longer term while reducing its costs of production and gearing.

Key beneficiaries: General investors. Category: Shares.


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