Nice article on Motley Fool about ASB yesterday and they say they’re bullish on this stock.
The stock is considered undervalued and Goldman Sach’s have a price target on this great defensive stock of $3.83 and it’s on their conviction buy list.
They go onto say the stock is great value even without the US navy contract and to use any weakness in the SP as an opportunity to add one of the most defensive and highest quality stocks they’re covering.
I bought in Friday after the over reaction recognising this as a great opportunity!
Ann: Business updated - 1 May Conference Call details, page-12
Add ASB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.39 |
Change
-0.010(0.29%) |
Mkt cap ! $1.228B | |||
| Open | High | Low | Value | Volume |
| $3.40 | $3.47 | $3.38 | $1.147M | 336.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11160 | $3.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.39 | 2318 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ASB (ASX) Chart |