dow jones..broker target 1.95..undervalued

Jones] STOCK CALL: Credit Suisse raises Sigma (SIP.AU) to outperform from neutral because of recent relative share price movements. "Since July 24, SIP's share price has fallen 14.9% while the S&P/ASX 200 has fallen 3.8%. Credit Suisse's current 12-month total projected return for SIP of 33% implies a projected excess rate of return relative to the market of 16.7%." Keeps A$1.95 target price. "Given recent significant depreciation in the share price, we find the valuation attractive at these levels." Last trade down 1.5 cents at A$1.55. (ABH)