awb - jpm analyst rated as a overweight

257 GMT [Dow Jones] AWB (AWB.AU) held unchanged at Overweight by JPMorgan Australian analysts, who say with mid point of guidance for profit before tax, one-time items, cut by A$21.5 million, a circa A$90 million reduction in market capitalization unjustified, so "today's share price weakness represents a buying opportunity." AWB fell to 92 Australian cents, then recovered a little, last down 12 cents or 11% at 93.5 cents. Brokerage says its valuation supported on a fundamental, relative basis; says more certainty now surrounding potential legal liabilities; says increased confidence in recovery of Rural Services business; adds, balance sheet strengthened following capital raising, sale of
Loan Book.