The slight retraction yesterday provides a good buying oportunity before more good news is released. The upward march in the share price continues today....and why wouldn't it with so many valuations out in the public domin that are at least 3 times the current share price!
Pattersons stockbroking: We retain our BUY recommendation with a revised price target of $1.55/share.
Foster stockbrocking: We maintain our BUY recommendation with a revised PT of $1.25/sh ($1.15 previously) which is 0.7x our unrisked valuation for GUF of $1.79/sh.
UBS investment research: Our $1.40 price target is set broadly in-line with NPV.
GUF Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held