Deutsche Bank 02/12/2009 1 Buy $4.37 55.0%
Given BlueScope's leverage to a recovery in the Australian economy, the broker notes forecast earnings growth for the company is significantly ahead of market growth expectations.
This leads Deutsche to think that the company provides a strong investment opportunity with significant leverage to an economic recovery.
In addition, Deutsche's steel analyst has recently become more positive on steel demand in China. All this together sees the Buy recommendation and $4.37 price target maintained.
Deutsche Bank 02/12/2009 1 Buy $4.37 55.0%Given BlueScope's...
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$21.84 |
Change
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Mkt cap ! $9.569B | |||
| Open | High | Low | Value | Volume |
| $21.85 | $22.03 | $21.70 | $1.188M | 54.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55 | $21.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.85 | 273 | 4 |
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