- Markets
Find out what influences market movements by browsing through our tailor made product pages.
- Trading Platforms
Maximise your investment opportunities
Trading Platforms
In order to ensure our customers have the best trading experience. We are proud to introduce our suite of trading platforms.
- Accounts
All accounts can be opened using one application form.
OPEN A LIVE ACCOUNT
The application process is simple and straightforward. You can complete the online application form and be trading in minutes.
- Academy
Here you will find all the details regarding One Financial Markets educational offering
TRADING ACADEMY
Working through each of our six online modules, detailed below, you can develop your trading confidence
- Newsroom
The latest news in the Financial Markets from across the globe.
LATEST NEWS
Make sure you don't miss out on what's going on in the world around you, keep up to date with our market commentary and daily market update videos.
- Contact Us
Stanley Black & Decker slashed at JPMorgan on slowing earnings: 4 big analyst cuts
Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Stanley Black & Decker, Green Dot, Deckers Outdoor, and EOG Resources.
InvestingPro subscribers got this news first. Never miss another market-moving headline.
Stanley Black & Decker cut at JPMorgan
JPMorgan downgraded Stanley Black & Decker (NYSE:SWK) to Underweight from Neutral with a price target of $89.00. As a result, shares fell nearly 1% pre-market today.
JPMorgan’s decision reflects a cautious stance on the company's earnings growth over the next two years, which it expects to be lower than both Street and buy-side expectations. This conservative outlook, particularly regarding EPS for 2024 and 2025, is estimated at $4.28 and $5.81 respectively. These figures are about 5% and 10% lower than the consensus estimates of $4.53 and $6.43. The lower expectations are mainly attributed to more conservative margin predictions.
Green Dot shares fall on Barclays downgrade
Green Dot (NYSE:GDOT) shares fell more than 2% pre-market today after Barclays downgraded the company to Underweight from Equalweight and cut its price target to $7.00 from $13.00, as reported in real-time on InvestingPro.
The downgrade is attributed to the need for more clarity on the company's strategic direction and the evolution of its business model. According to the analysts, it has become apparent over recent quarters that the investment and time required for Green Dot to transition from its legacy model to a more crystallized digital strategy are greater than initially thought. This significant investment in transformation may lead to the company's underperformance compared to its industry peers.
Two more downgrades
Stifel downgraded Deckers Outdoor (NYSE:DECK) to Hold from Buy with a price target of $709.00 (from $600.00).
Wells Fargo downgraded EOG Resources (NYSE:EOG) to Equal Weight from Overweight.
Amid whipsaw markets and a slew of critical headlines, seize on the right timing to protect your profits: Always be the first to know with InvestingPro.
Begin trading today! Create an account by completing our form
Privacy Notice
At One Financial Markets we are committed to safeguarding your privacy.
Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.
Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.
Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.
By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.