CCP 0.00% $16.86 credit corp group limited

JP Morgan rates CCP as Upgrade to Overweight from Neutral (1) -...

  1. HSP
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    JP Morgan rates CCP as Upgrade to Overweight from Neutral (1) -
    FY14 profit was broadly in line with the broker's forecast. JP Morgan expects the company to maintain earnings growth in the consumer lending business but envisages some near-term risks to industry returns in the PDL market.

    The stock has underperformed over the last 12 months and the broker upgrades the rating to Overweight from Neutral. The target is raised to $9.92 from $9.55.
 
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