Morgan Stanley still being conservative in my view - perhaps pushed by the market. Ord Minnett have fair value at $12.80 (although that's NOT a price target in itself). Classified at "Accumulate" rather than "Buy".
Their terminology: "Wholesale electricity prices have recovered and should drive significantly higher earnings from fiscal 2024".
Hopefully nothing in the forthcoming Budget messes with us.
The Cannon-Brookes effect, page-88
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Last
$10.70 |
Change
0.240(2.29%) |
Mkt cap ! $7.198B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.87 | $10.47 | $27.26M | 2.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21682 | $10.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.75 | 797 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AGL (ASX) Chart |