Latest Ardent Leisure News
Aug 27, 2021
These ASX shares are ending the week in style… James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn't looked back since. James is part of the CFA Institute's Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns. You can see James' holdings here . Latest posts by James Mickleboro ( see all ) Image source: Getty Images In afternoon trade on Friday, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small decline. At the time of writing, the benchmark index is down slightly to 7,486.3 points. Four ASX shares that are not letting that hold them back are listed below. Here’s why they are surging higher: The Ardent Leisure share price is up 10% to $1.39. Investors have been buying this entertainment company’s shares since the release of its better than expected full year results. One broker that was particularly pleased with its improving performance was Ord Minnett. This morning its analysts upgraded Ardent Leisure’s shares to a buy rating with a $1.75 price target. The Blackmores share price is up 6% to $97.68. This appears to have been driven by a broker note out of Credit Suisse this morning. According to the note, the broker has upgraded its shares to a buy rating with a $100.00 price target. Credit Suisse notes that Blackmores’ bold medium term growth targets are ahead of its estimates. The Clinuvel share price has jumped 17% to $34.35. Today’s gain appears to have been driven by the release of a bullish broker note in response to yesterday’s full year results. According to a note out of Jefferies, its analysts have upgraded the biopharmaceutical company’s shares to a buy rating with a $36.80 price target. The Qube share price has climbed 4% to $3.17. This morning analysts at Credit Suisse upgraded the logistics solutions company’s shares to an outperform rating with an improved price target of $3.30. Credit Suisse was pleased with its strong FY 2021 result and believes a major share buyback could be announced with its half year results in FY 2022. Wondering where you should invest $1,000 right now? When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more. * Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.