SBM 7.69% 21.0¢ st barbara limited

Well, just two years ago, SMB was littered with BUY...

  1. 127 Posts.
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    Well, just two years ago, SMB was littered with BUY recommendations and Goldman Sachs' target price was $4.10 (up from $2.30 at the time), see below. Obviously, a lot has changed however 2023 will provide a continual news flow with highlights being the merger by mid-year and the new strategic plan by September. Combined with other tailwinds (even higher GOP, majors are rerating) I can see a lot of upside this year from current levels.

    GLTAH

    https://hotcopper.com.au/data/attachments/4968/4968814-7a459cce7daa29b50a4d9c9fc733572e.jpg
 
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