Deutsche Bank 02/12/2009 1 Buy $4.37 55.0%
Given BlueScope's leverage to a recovery in the Australian economy, the broker notes forecast earnings growth for the company is significantly ahead of market growth expectations.
This leads Deutsche to think that the company provides a strong investment opportunity with significant leverage to an economic recovery.
In addition, Deutsche's steel analyst has recently become more positive on steel demand in China. All this together sees the Buy recommendation and $4.37 price target maintained.
broker ratings, page-44
-
- There are more pages in this discussion • 43 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 BSL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$20.51 |
Change
0.350(1.74%) |
Mkt cap ! $9.025B | |||
| Open | High | Low | Value | Volume |
| $20.15 | $20.62 | $20.08 | $24.72M | 1.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 19859 | $20.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.52 | 2656 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BSL (ASX) Chart |