Morgan Stanley suspects the company may be at the point of a significant earnings inflection. An investor briefing scheduled for May may be able to outline this potential and prove to be a material positive catalyst, in the broker's view.
Morgan Stanley suggests the company is targeting a return to double-digit EBIT. As consensus is forecasting margins to hold at around 6% through FY19 the broker envisages earnings risk is significantly skewed to the upside.
Overweight rating and Cautious industry view are retained. Target is raised to $12.52 from $11.94.
Morgan Stanley Overweight
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.90 |
Change
-0.030(0.20%) |
Mkt cap ! $7.860B | |||
| Open | High | Low | Value | Volume |
| $15.05 | $15.10 | $14.89 | $21.68M | 1.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $14.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.97 | 1533 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WOR (ASX) Chart |