I was wondering why the share price was quietly rising and was looking at morningstar research and they now have a fair value of $7 per share. It seems they are factoring the Westfarmers insurance acquisition from the 1st July 2014. I'm relatively new holder to IAG so still trying to get my head around this analysis so what do others think? Is this target achievable and a good deal for IAG?
accumlation for $7 target
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Last
$7.07 |
Change
0.075(1.07%) |
Mkt cap ! $16.52B | |||
| Open | High | Low | Value | Volume |
| $7.06 | $7.08 | $6.95 | $5.074M | 723.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 50504 | $7.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.07 | 17600 | 18 |
View Market Depth
| Last trade - 12.26pm 09/08/2024 (20 minute delay) ? |
| IAG (ASX) Chart |