Credit Suisse 18/02/2010 1 Outperform $40.50 19.1%
Target $40.50 (was $39.75). Post the group's interim result the broker has adjusted its earnings estimates, the end result being a slight increase in price target.
In its view the strength of the group's balance sheet suggests another share buyback and/or acquisition and with the shares trading at a 23% discount to their five-year average multiple the broker retains its Outperform rating.
credit suisse - $40.50
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$295.16 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 500 | $295.01 |
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