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.
- Forums
- ASX - By Stock
- Ann: Change of Interests of Substantial Holder-MCP.AX
Moelis & Co released a research report with a conservative...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MCP (ASX) to my watchlist
|
|||||
Last
42.0¢ |
Change
0.020(5.00%) |
Mkt cap ! $60.45M |
Open | High | Low | Value | Volume |
41.0¢ | 42.0¢ | 40.5¢ | $69.66K | 169.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 18293 | 41.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 6025 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17102 | 0.400 |
2 | 56000 | 0.395 |
9 | 110700 | 0.390 |
1 | 5594 | 0.385 |
8 | 49318 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 6025 | 2 |
0.445 | 12772 | 3 |
0.450 | 5000 | 1 |
0.460 | 30000 | 1 |
0.495 | 517 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
MCP (ASX) Chart |