RBS Australia 12/01/2010 1 Buy $3.65 10.6%
Following revisions to its iron ore, coal and currency forecasts the broker has cut its earnings estimates for the company through to FY11, though the overall impact sees no change to its price target.
While some near-term earnings pressures remain the broker continues to see significant earnings growth potential longer-term and so retains its Buy rating.
broker ratings, page-52
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