Ord Minnett did not like that report has reduced its price target from 56 cents to 52 cents. However, they note that if PRU pulls its socks up operational it is worth more.
Obviously the report is a disappointment and other brokers will be sending out reduced price targets on PRU, until either they improve operationally or the POG goes up on a sustained basis.
loki
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- Ann: September 2013 Quarterly Presentation
Ann: September 2013 Quarterly Presentation , page-34
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1 | 8876 | 2.540 |
1 | 8876 | 2.530 |
2 | 9276 | 2.520 |
1 | 8876 | 2.510 |
Price($) | Vol. | No. |
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2.590 | 11876 | 2 |
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