Agricultural business is always hard one.
Currently PE is around 17, net gearing 52%.
It doesn't look cheap even there were no downgrades, imo, probably $2.50
Column 1 Column 2 Column 3 Column 4 Column 5 0 26/08/2019 11:37AM Dow Jones Costa Price Target Cut 16% to A$3.40/Share by Macquarie (headline only) 1 26/08/2019 11:18AM Dow Jones Costa Price Target Cut 27% to A$3.48/Share by Morgans (headline only)