ABN Amro 02-May-07 3 Hold $1.05 46.9%
Target $1.05 (was $0.97). The company has sold its media assets to PBL Media for $250m, a higher price than the broker expected.
It suggests the sale opens up options for the company, including capital management initiatives or acquisitions of its own.
Macquarie 02-May-07 3 Neutral $1.12 56.6%
PBL's price for NBN was a "whopper", the broker says. It is now looking for a share buyback.
Target rises from $1.00 to $1.12.
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