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

The a2 Milk Company Ltd (Australia) (ASX:A2M) share price is one of four ending the week with a bang. Here's why…

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In afternoon trade the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is having a solid finish to the week. At the time of writing the index is up 0.2% to 5,953 points.

Four shares which have climbed more than most today are listed below. Here's why they are ending the week with a bang:

The a2 Milk Company Ltd (Australia) (ASX: A2M) share price has climbed almost 3% to $2.71 after the release of a positive broker note out of the Macquarie equities desk. According to the note, the broker has retained its outperform rating and increased its price target to approximately $7.60. I would suggest investors wait for its AGM on November 22 before deciding whether to invest.

The Kogan.com Ltd (ASX: KGN) share price has surged almost 10% higher to $4.18 following the release of a trading update at its annual general meeting. Pleasingly, Kogan reported an acceleration in both revenue and earnings growth since its previous update.

The Noni B Limited (ASX: NBL) share price is up 2.5% to $2.05 after announcing a strong start to FY 2018 and a $5 million share buyback at its annual general meeting. I think Noni B is one of the best retail shares on the market at the moment and well worth a closer look.

The Pro Medicus Limited (ASX: PME) share price has climbed 4.5% to $7.23 after announcing a major new deal with Yale New Haven Health. The deal will see Pro Medicus' Visage 7 technology implemented across all of Yale's radiology departments and integrated to their electronic health records for imaging results. Management estimates the deal to be worth over A$18 million over a seven year period.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of A2 Milk. 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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