Classic post from the Motley Fool today. They reported UBS had upgraded TRS to a Buy rating and a price target of $7.50. I note today the SP dropped and closed at $7.45. Perhaps they should have checked the SP before posting!
"Reject Shop Ltd (ASX: TRS): The stock has swung back into favour after the discount variety chain posted a better-than-expected half year result last month. UBS thinks there is further upside for Reject Shop as it is forecasting improving margins of around 4% over the medium-term, compared to the 2.5% delivered in FY17. Management can squeeze greater efficiencies through its new Melbourne distribution centre and its direct sourcing of products from China. There is also potential upside from its new store format and refurbishment program. UBS has a $7.50 price target on the stock."
https://www.********.au/2018/03/09/ubs-picks-the-3-best-value-small-cap-stocks-to-buy-today/
Classic post from the Motley Fool today. They reported UBS had...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.30 |
Change
-0.100(2.94%) |
Mkt cap ! $123.1M | |||
| Open | High | Low | Value | Volume |
| $3.32 | $3.33 | $3.30 | $104.1K | 31.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3793 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.34 | 78 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| TRS (ASX) Chart |