I have learned through experience not to follow broker ratings however any comments on this. NST are a key investment in my PF so just putting this out to comments, Credit Suisse say:
"First-half net profit beat Credit Suisse estimates because of toll treatment contributions that were not discernible from the quarterly reports.FY20 guidance is unchanged and a stronger second half is expected.? Underperform rating and $10.30 target maintained.Sector: Materials.Target price is $10.30.Current Price is $13.67. Difference: ($3.37) – (brackets indicate current price is over target). If NST meets the Credit Suisse target it will return approximately -33% (excluding dividends, fees and charges – negative figures indicate an expected loss)."
Credit Suisse Re-rating
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Last
$15.80 |
Change
-0.250(1.56%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.13 | $15.80 | $54.78M | 3.446M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14374 | $15.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.83 | 2507 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| NST (ASX) Chart |