MCP 2.50% 41.0¢ mcpherson's limited

Moelis & Co released a research report with a conservative...

  1. 166 Posts.
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    Moelis & Co released a research report with a conservative $1.350 target price.

    Quote from the report.

    "We have initiated coverage of McPherson’s Ltd (MCP) with a BUY rating and 12 month target price of $1.35. Trading at a FY17 PE of 8x (~50% discount to the XSI) with an 8% fully franked dividend yield, we view MCP as a value trade."

    Over time the price will catch up...Microequities adding is also a positive. They hold a decent chunk of MCP so its good to see them buying.
 
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Last
41.0¢
Change
0.010(2.50%)
Mkt cap ! $59.01M
Open High Low Value Volume
41.0¢ 44.0¢ 38.5¢ $612.1K 1.467M

Buyers (Bids)

No. Vol. Price($)
1 5594 38.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 6559 1
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
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