chart, page-6

LuckyV

A couple of days old;


Credit Suisse 29/04/2010 1 Outperform $61.00 20.8%

The broker is forecasting a reported full year profit of 1,003m, with management indicating the result will contain fewer one-offs, a higher cost of funding and lower earnings on capital.

Leading into the result the broker retains its Outperform rating.

Target price is $61.00 Current Price is $48.35 Difference: $12.65
If MQG meets the Credit Suisse target it will return approximately 26% (excluding dividends, fees and charges).
RBS Australia 28/04/2010 1 Buy $59.00 16.9%

The broker is forecasting full year earnings of $1,019m, with a key theme to be any additional write-downs in the second half of the financial year and the integration of recent acquisitions.

Leading into the result the broker notes global investment banks in the US in particular reported quarterly earnings above consensus estimates.

Buy rating and $59.00 price target unchanged.

Target price is $59.00 Current Price is $48.35 Difference: $10.65
If MQG meets the RBS Australia target it will return approximately 22% (excluding dividends, fees and charges).