Our target price remains $13.00. Price catalyst 12-month price target: A$13.00 based on a DCF methodology. Catalyst: FY18 Result, 14-Aug Action and recommendation Maintain Outperform. At the current ~17x multiple CGF is trading at a 6% discount to all industrials (ex banks). Although we see limited upside to the current multiple it remains below the 2% premium it traded at throughout 2017, with arguably a more favourable medium-term outlook.
- Lessening Property Exposure
- Increasing Fixed Income Exposure
- Earnings and target price revision
- EPS changes FY19 -1.4%; FY20 -1.4%, offset by increased sales post the CIPRs commencement date.
- Forums
- ASX - By Stock
- CGF
- CGF The Macquarie View June 2018
CGF The Macquarie View June 2018
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGF (ASX) to my watchlist
|
|||||
Last
$7.03 |
Change
0.080(1.15%) |
Mkt cap ! $4.803B |
Open | High | Low | Value | Volume |
$6.97 | $7.10 | $6.94 | $7.435M | 1.066M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1424 | $7.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.04 | 8305 | 39 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 1454 | 7.030 |
17 | 6111 | 7.020 |
11 | 6403 | 7.010 |
9 | 13216 | 7.000 |
6 | 1529 | 6.990 |
Price($) | Vol. | No. |
---|---|---|
7.040 | 8789 | 40 |
7.050 | 3450 | 15 |
7.060 | 12025 | 19 |
7.070 | 13142 | 8 |
7.080 | 3678 | 5 |
Last trade - 12.41pm 17/07/2024 (20 minute delay) ? |
Featured News
CGF (ASX) Chart |