Broker reports out overnight.
UBS and Morgans have massively reduced their 'target price' to around $17.
Remember broker target prices are based on a price only one year out, they are not long term valuations.
Morningstar is different they try to determine 'long term value'.
Morningstar cut their fair value by 25% to $38.
MFG Fair Value, page-2
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Last
$9.50 |
Change
0.350(3.83%) |
Mkt cap ! $1.693B | |||
| Open | High | Low | Value | Volume |
| $9.26 | $9.56 | $9.21 | $5.888M | 627.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 340 | $9.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.51 | 2659 | 19 |
View Market Depth
| Last trade - 15.58pm 30/08/2024 (20 minute delay) ? |
| MFG (ASX) Chart |