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Disclaimer: This website is for informational and research purposes only and does not constitute financial, investment, or professional advice. We are not a licensed financial adviser under the Financial Markets Conduct Act 2013 (New Zealand). Always consult with a registered financial adviser before making investment decisions. While we strive for accuracy, data may contain errors or omissions. See our Disclaimer for full details.

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Information on this site is drawn from publicly available disclosures and is presented for transparency of governance and institutional accountability. Figures relate to roles held within organisations and do not represent personal financial profiling.

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Brokers

NZX Broker Directory

Research firms and brokerages covering New Zealand equities

18 brokers and research firms provide equity coverage of NZX-listed companies. This directory shows each firm's analyst team, coverage universe, and recent research activity. For company-level consensus ratings and price targets, see Broker Coverage Intelligence.

18
Active Firms
5
NZ Brokers
6
Global Firms
16
Analysts
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Coverage Slots
Forsyth BarrNZ Broker

Forsyth Barr is New Zealand's largest full-service sharebroking firm, founded in 1936 in Dunedin. With over 20 offices nationwide and a dedicated equity research team of 6+ analysts, they provide the most extensive public research coverage of NZX-listed companies. Their research library is publicly accessible and covers 60+ NZX issuers.

6analysts
67companies
Website

Understanding Broker Types

NZ Broker

Local Brokerages

NZ-headquartered sharebroking firms providing equity research, trading execution, and advisory services to local retail and institutional clients.

Global

International Banks

Global investment banks covering select NZX stocks, typically large-cap dual-listed companies with international institutional investor interest.

Research

Independent Research

Fund managers and independent research providers offering non-broker perspectives on NZX companies through market commentary and analysis.

Related

See which firms advise on NZX capital raises and takeovers.

Deal Advisers Directory →

Data sourced from publicly available broker research, analyst reports, and equity coverage disclosures. Our datasets may not be complete. Automated analysis can produce errors. Analyst ratings and price targets represent the views of the respective brokers and analysts, not NZXplorer. Coverage data may not be complete or up to date. Past performance does not indicate future results. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Craigs Investment PartnersNZ Broker

Craigs Investment Partners is one of New Zealand's largest investment advisory firms, with a network of offices across the country. Their research partnership with Deutsche Bank provides institutional-grade coverage. Known for their "Exec Talks" interview series featuring NZX CEO conversations.

3analysts
7companies
Website
JardenNZ Broker

Jarden (formerly First NZ Capital) is a major NZ institutional broker and investment bank. Rebranded in 2020, Jarden provides equity research, capital markets advisory, and wealth management services. Their NZX equity research team covers large and mid-cap NZ stocks with a focus on institutional clients.

3analysts
3companies
Website
Macquarie SecuritiesGlobalAU

Macquarie Securities is the equities division of Macquarie Group, Australia's largest investment bank. They provide research coverage for select NZX-listed companies, particularly those dual-listed on the ASX or with significant Australasian operations.

2analysts
2companies
Website
UBS SecuritiesGlobalCH

UBS Securities provides global equity research covering select NZX-listed companies, typically large-cap stocks with international investor interest. Their Asia-Pacific equities team covers dual-listed NZ/AU stocks from Sydney.

1analysts
1companies
Website
MorningstarResearchUS

Morningstar is a global investment research firm providing independent equity analysis. Their NZX coverage includes fair value estimates, moat ratings, and uncertainty assessments for select listed companies, offering a non-broker perspective on company valuations.

1analysts
1companies
Website
Hamilton Hindin GreeneNZ Broker

Hamilton Hindin Greene (HHG) is a Christchurch-based sharebroking and investment advisory firm established in 1984. They provide research and market commentary on NZX-listed companies, with a focus on South Island clients.

0analysts
0companies
Website
CitiGlobalUS

Citi provides global equity research covering select large-cap NZX-listed companies through their Asia-Pacific equities team, focusing on companies with significant international investor ownership.

0analysts
0companies
Website
MST FinancialResearchAU

MST Financial is an Australian-based independent research provider. Through their partnership with Forsyth Barr (MST Access), they provide small-cap equity research covering emerging NZX and ASX-listed companies.

0analysts
0companies
Website
JP MorganGlobalUS

JP Morgan provides equity research on select NZX-listed companies through their Asia-Pacific coverage, typically focusing on the largest dual-listed New Zealand stocks with institutional investor interest.

0analysts
0companies
Website
JefferiesGlobalUS

Jefferies is a global investment banking firm that provides equity research on select NZX-listed companies, particularly those in sectors aligned with their Australasian coverage universe.

0analysts
0companies
Website
Goldman SachsGlobalUS

Goldman Sachs provides equity research on select NZX-listed companies through their Asia-Pacific coverage universe, focusing on large-cap dual-listed stocks with significant market capitalisation.

0analysts
0companies
Website
Yahoo FinanceResearchUS

Yahoo Finance aggregates analyst consensus data from multiple brokerages worldwide. Their consensus ratings and price targets reflect the combined views of international analysts covering NZX-listed stocks, providing broader coverage than NZ-only broker data.

0analysts
0companies
Website
S&P Global Market IntelligenceResearchUS

S&P Global Market Intelligence provides independent credit research, company analytics, and market data. Their coverage of NZX-listed companies includes credit ratings, industry analysis, and quantitative scores.

0analysts
0companies
Website
CNUbuy
Harbour Asset ManagementResearch

Harbour Asset Management is a Wellington-based fund manager with over $3 billion in assets under management. As one of NZ's largest active managers, their internal research on NZX companies informs their fund allocations and provides independent market commentary.

0analysts
0companies
Website
Salt Funds ManagementResearch

Salt Funds Management is an independent NZ fund manager providing regular NZX market commentary and investment research. Their weekly Grain of Salt reports offer insights into NZX-listed companies and market trends.

0analysts
0companies
Website
Milford Asset ManagementResearch

Milford Asset Management is one of New Zealand's most prominent active fund managers, known for strong investment returns. Their internal research team covers NZX-listed companies and provides regular market commentary and investment insights.

0analysts
0companies
Website
Hobson Wealth PartnersNZ Broker

Hobson Wealth Partners is a New Zealand-owned investment advisory firm providing personalised wealth management and sharebroking services. They offer research and guidance on NZX-listed investments to their advisory clients.

0analysts
0companies
Website