Credit Suisse 01/10/2009 1 Outperform $3.73 27.3%
Following a site visit the broker notes the group's Port Kembla operations are now back at 100%, so near-term leverage will be based on exchange rates and here it sees conditions as unfavourable at present.
Longer-term the broker continues to see a value of $4.50-$5.50 in the stock and so it retains its Outperform rating but given the unfavourable short-term conditions it makes no change to its $3.73 price target.
jp morgan's latest rating, page-3
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$21.60 |
Change
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Mkt cap ! $9.477B | |||
| Open | High | Low | Value | Volume |
| $22.29 | $22.40 | $21.51 | $57.00M | 2.621M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 782 | $21.54 |
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| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 4037 | 1 |
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