MARKETS SPECTATOR: Benchmark bulls

UBS has increased its target price for Australia's benchmark index. And it's added Fortescue to its model portfolio, but dumped Commonwealth Bank.

UBS has upgraded its end-of-year S&P/ASX 200 target following an easing in global tail-risks and a moderately better cyclical picture. It lifted its target price to 5000 from 4800, which represents approximately 4.5 per cent upside from current market levels.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles