VBA 0.00% 35.5¢ virgin blue holdings limited

credit suisse rates the stock as outperform

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    VBA - Credit Suisse rates the stock as Outperform
    BY BROKER NEWS - 10/07/2009

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    The broker suggests the proposed Virgin Blue/Delta tie up is a positive for both sides as it will allow for agreement on capacity schedules as well as rationalising staff and equipment.

    It would also suggest the proposal would ease concerns of a capital raising and if this proves to be the case it expects the share price to receive some support.

    This means no change to the broker's Outperform rating. Sector: Transportation.

    Target price is $0.84.Current Price is $0.31. Difference: $0.54 - (brackets indicate current price is over target). If VBA meets the Credit Suisse target it will return approximately 64% (excluding dividends, fees and charges - negative figures indicate an expected loss).



 
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Currently unlisted public company.

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