1240 [Dow Jones] STOCK CALL: Deutsche Bank downgrades DCA Group (DVC.AU) to
Sell after warning of lower 2H earnings. "While Diagnostic Imaging competition
issues may be addressed, it is difficult to see an end to the wage pressure
given the shortage of qualified workers," Deutsche Bank says. Adds potential to
win more than one NHS contract and possible aged-care funding deregulation
offers some appeal but "given the risk of continued margin pressure across both
divisions we expect DCA to underperform." Price target A$3.10 vs last trade
A$3.22, down 15%. (SVM)
DVC
dca group limited
1240 [Dow Jones] STOCK CALL: Deutsche Bank downgrades DCA Group...
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