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Why these 4 ASX shares are ending the week with a bang

Although it has given back the majority of its early gains, in afternoon trade the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is up slightly to 5,913 points.

Four shares climbing more than most today are listed below. Here’s why they are ending the week with a bang:

The Baby Bunting Group Ltd (ASX: BBN) share price is up 7.5% to $1.59 following the release of its half-year results. As expected, the baby products retailer posted a decline in profit due to the negative impact of clearance activities in the industry. But the market appears to have looked beyond this and responded positively to its strong start to the second-half. I think Baby Bunting is well worth a look at the current share price.

The Breville Group Ltd (ASX: BRG) share price has continued to climb higher and is up a further 5.5% to $13.60. Following the appliance manufacturer’s strong half-year results release yesterday, Citi has upgraded its shares to an outperform rating with an increased price target of $13.50. According to the note, Citi made the move after Breville delivered a stronger-than-expected first-half profit result.

The Primary Health Care Limited (ASX: PRY) share price is 3% higher to $3.63 after the healthcare company posted an underlying net profit after tax of $44 million. This was a 5% increase on the prior corresponding period. Whilst its growth was not spectacular by any means, investors appear relieved to see it achieve some form of growth at long last. Management has warned that there will be continued pressure on funding ahead, though.

The Suncorp Group Ltd (ASX: SUN) share price has bounced back from yesterday’s decline with a 3% gain to $13.37. The insurer and regional bank came under pressure yesterday after the release of a disappointing half-year result. However, one broker believes the sell-off has created a buying opportunity. A note out of Credit Suisse reveals that its analysts have upgraded Suncorp to an outperform rating with a $14.50 price target.

I'd like to see an improvement in Suncorp's performance before buying its shares. So in the meantime this top dividend share could be a great alternative.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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