UGL ugl limited
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buy ugl

  1. HSP
    5,051 Posts.
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    11/07/11
    09:09
    Post #: 8655829
    RBS Australia 28/06/2011 1 Buy $17.42 25.1%
    UGL has recently won additional contracts and extensions in the oil and gas, coal and alumina sectors and the broker expects this will boost revenues by around $100m in FY12.

    While these contracts are factored into its model RBS suggests it leaves UGL well placed for further strong growth through FY13. Buy rating is retained.


    Target price is $17.42 Current Price is $13.61 Difference: $3.81
    If UGL meets the RBS Australia target it will return approximately 28% (excluding dividends, fees and charges).

    UGL Price at posting: $13.90 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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