someone finally agrees with me - ubs sell $12, page-7

http://www.sharecafe.com.au/fnarena_news.asp?a=AV&ai=19095

around 27/1/11, UBS had this recommendation

Target $46.00 (was $48.00). December quarter production was largely in line with the broker's forecast and cash costs were a little better than expected, resulting in minor changes to forecasts.

The stock appears oversold following recent share price weakness and given the value on offer the broker retains its Buy rating.

Sector: Materials.

Target price is $46.00.Current Price is $37.62. Difference: $8.38 - (brackets indicate current price is over target). If NCM meets the UBS target it will return approximately 18% (excluding dividends, fees and charges - negative figures indicate an expected loss).

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i'll leave it to you guys to come to your own conclusions :)