RBS Australia 31/03/2010 1 Buy $3.33 16.0%
The recovery in domestic corporate travel has been good and with economic conditions strengthening the broker suggests improvements in international markets offers some upside risk to FY10 earnings guidance.
The stock doesn't look expensive at current levels in the broker's view and with earnings risk to the upside it retains its Buy rating on the stock.
Target price is $3.33 Current Price is $2.88 Difference: $0.45
If QAN meets the RBS Australia target it will return approximately 16% (excluding dividends, fees and charges).
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Last
$3.92 |
Change
0.030(0.77%) |
Mkt cap ! $1.498B | |||
| Open | High | Low | Value | Volume |
| $3.95 | $3.95 | $3.86 | $2.930M | 747.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21199 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 1132 | 1 |
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