Deutsche Bank 21/10/2009 1 Buy $4.37 29.3%
The broker has taken a look at some steel market trends and forecasts, coming to the conclusion that prices are going to be a little stronger than it previously expected.
Despite Deutsche also expecting a drag from higher raw material costs, it still upgrades FY11 earnings by 5%. With 29% upside to the broker's mid-cycle valuation, the Buy recommendation and $4.37 price target are maintained.
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Last
$22.43 |
Change
0.170(0.76%) |
Mkt cap ! $9.838B | |||
| Open | High | Low | Value | Volume |
| $22.47 | $22.64 | $22.18 | $66.53M | 2.955M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9599 | $22.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.44 | 30000 | 10 |
View Market Depth
| Last trade - 16.11pm 19/09/2025 (20 minute delay) ? |
| BSL (ASX) Chart |