RBS Morgans Target Price is $5.20, that may be upgraded after absorbing yesterday's announcement. Some predict higher, some lower, no target prices are set in stone. IMO, it is important to DYOR to decide where you think the SP will go.
One thing, I did take from Bell Potter article was:
Our forecast remain c.10% higher due to better margin, although we note the company's record of being conservative and subsequently expect UPGRADES through the course of 2011 as visibility around demand continues to improve.
I would love to see where the sp would go without being continually capped, which is happening, as usual, in todays trading.
BLY Price at posting:
$4.46 Sentiment: Hold Disclosure: Held
