ANZ 0.72% $28.84 anz group holdings limited

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  1. 729 Posts.
    25.10.2004 - 1448 [Dow Jones] STOCK CALL: Short-term downtrend targets A$19.00 in next 3
    months for ANZ (ANZ), says Tolhurst Noall technical analyst David Rogers (shares
    last at A$19.72, up 3 cents). On 6-12 month view, expects rise above A$22.00 as
    "major symmetrical triangle pattern, triggered last January, targets A$22.30
    while A$17.45 holds." Adds that removing current discount to sector earnings
    multiples targets A$20.00 in 12 months. (WEL)
 
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