UBS 21/09/2009 1 Buy $5.05 19.4%
UBS views TCL as a “core portfolio position” given that it has underperformed the market by 42% since the start of the recent rally in March.
The stock is defensive, it has embedded growth and offers optionality, the analysts go on to say.
An update on the M2 is expected over the coming six weeks or so, and the broker feels this could act as a catalyst, estimating the M2 and M5 could deliver around 24c in valuation upside.
Target rises 15c to $5.05, with the broker also not ruling out any corporate activity.
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Last
$13.69 |
Change
0.120(0.88%) |
Mkt cap ! $42.55B | |||
| Open | High | Low | Value | Volume |
| $13.60 | $13.75 | $13.40 | $69.76M | 5.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 104162 | $13.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.70 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |