MSB 3.33% $1.40 mesoblast limited

JPM Initial report..., page-16

  1. 97 Posts.
    No it's not. JPM's target refers to the ADR price, and it's in US dollars. Bell Potter's target refers to the ASX price per ordinary share, in Aussie dollars. JPM's target is the equivalent of US$2 per ordinary share, which is about A$2.78 at current exchange rates.

    So JPM's target is actually about 40% lower than BP's.
 
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