This may be old news. Either way, the price target, IMO, given all the positive variables, is extremely conservative.
Once the US stockmarket comes tumbling down, and most bank stocks and similar are on their knees, it will be stocks like these (and precious metals) that IMO, will weather the storm best.
In a counterintuitive sort of way, these stocks will represent relative safety - with the clear and added advantage of providing multiple returns on investment.
ProActive Investors
August 14, 2013
Allied Healthcare Group (ASX: AHZ) has received a target price of A$0.09 from RBS Morgans in a research note, which is close to 50% higher than the current share price of around $0.062.
The broker has a longterm outperform on the stock.
http://www.proactiveinvestors.co.uk/companies/news/60014/allied-healthcare-group-is-pumping-along-rbs-morgans-60014.html
allied healthcare group is pumping along rbs
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$18.00 |
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Mkt cap ! $342.3M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 116 | $17.77 |
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| Price($) | Vol. | No. |
|---|---|---|
| $18.00 | 83 | 2 |
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