1200 [Dow Jones]STOCK CALL: Macquarie Bank says Burns Philp (BPC), now trading
steady at 72 cents, looks cheap vs its 80-cent valuation, 87 cents 12-month
price target. Notes BPC will need to rely on next acquisition to drive future
growth; expects BPC to look for inefficient or distressed assets in North
America. Adds BPC has A$1.6 billion in cash. Keeps short-term Outperform rating,
long-term Underperform. (RJN)
- Forums
- ASX - By Stock
- BPC
- *** tip: one to watch ***
BPC
burns, philp & company limited
*** tip: one to watch ***, page-8
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online