We have almost always followed jpm targets and briefly hit 2.70 before the Malaysian problem got traction. I have no doubt we will be back following the pattern now that they have reaffirmed the target price with the report out. Good news IMO
Once instos start doing the sums on lyc then it is easy to see how that target is realistic and still extremely conservative with other risks factored in.
jpm upgraded its target from $2.71 to $2.79. , page-10
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Last
$7.71 |
Change
-0.090(1.15%) |
Mkt cap ! $7.206B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.80 | $7.59 | $17.72M | 2.310M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16763 | $7.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.73 | 13637 | 5 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |