BKN 0.00% $3.24 bradken limited

any research

  1. 534 Posts.
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    Hi,

    Does anyone have any research, reports etc on this company. I've got an article from FN Arena if anyones interested I can post. The target they mention in the article is below. Looks like it'll easily reach and exceed the targets at this stage.

    "With earnings risk quite low Credit Suisse likes the outlook for the shares, particularly as they offer value at current levels in its view given a P/E (price to earnings) multiple for FY09 of 12x and a yield of around 5.5%, fully franked. Following the increase in the broker's forecasts it has also lifted its price target, setting it at $10.20 against $8.85 prior to the update.
    Both Macquarie and UBS have followed suit, the former lifting its price target to $9.19 from $8.49 and the latter to $10.30 from $9.30. This brings the average price target according to the FNArena database to $9.59 from $8.83 previously".
 
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Currently unlisted public company.

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