maybe this from FN Arena:
QUOTE:
UBS rates TTS as Upgrade to Buy from Neutral 2 - Analysts believe recent share price weakness represents a buying opportunity, which explains the upgrade. Analysts' FY08 forecasts remain around 10% above market consensus, so something's gotta give in the months ahead.
There's little doubt at UBS that the rest will have to catch up. The analysts forecast 21% CAGR EPS growth over the next three years for the company and that's certainly nothing to be sniffed at.
Target price is $5.20 Current Price is $4.70 Difference:$0.50 - (brackets indicate current price is over target). If TTS meets the UBS target it will return approximately 11% (excluding dividends, fees and charges - negative figures indicate an expected loss).
The company's fiscal year ends in June. UBS forecasts a full year FY07 dividend of 24.00 cents and EPS of 22.00 cents . At the last closing share price the estimated dividend yield is 5.11%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 21.36.
ENDQUOTE
IMHO UBS is one of the better punters.
sure as eggs, it wasn't the AFR's comments which spurred interest (if you didn't see it it claimed TTS was way overpriced and set for a big fall to $3.80 or so)
cat lady
maybe this from FN Arena:QUOTE:UBS rates TTS as Upgrade to Buy...
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