Dear Ant1Man
Jim Copland of MacQuarie has a $1.12 underperform recommendation as at 25 September.
Good question though - MacQuarie has been the traditional bear over MRE. They had a $1.30 odd 12 month target just before the big rise.
Having said that targets are becoming difficult due to the incredible volatility over all the key factors.
Cheers Eos
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