QGC queensland gas company limited

0951 [Dow Jones] STOCK CALL: Citigroup starts Queensland Gas...

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    0951 [Dow Jones] STOCK CALL: Citigroup starts Queensland Gas (QGC.AU) with Buy rating/High Risk. Describes LNG as "a generational opportunity worth fighting for." Says LNG strategy pursued with BG (BG.LN) transformational but competitive. "If the dream can be achieved, the longer-term results could be spectacular," Citigroup says. Builds 10% premium into valuation based on potential for full BG buyout. Target price A$6.37 vs last trade A$4.77. (RRK)

 
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Currently unlisted public company.

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