AWE awe limited
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  1. williak
    11,509 Posts.
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    27/08/09
    10:02
    Post #: 5561505
    0916 [Dow Jones] STOCK CALL: UBS upgrades Australian Worldwide Exploration (AWE.AU) to Buy from Neutral, lifts price target to A$3.10 from A$2.87 vs last A$2.62. Says lift reflects exposure to company's FY10 drilling program, former CEO Bruce Phillips return to company's board as non-executive director. Notes annual profit below expectations on higher charges from Arc Energy merger, cuts FY10 EPS forecast 24.5%. (RRK)
    AWE Price at posting: $2.62 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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