"RBS Australia rates TWO as Hold (3) - Interim earnings disappointed thanks to ongoing issues in the Managed Services division and post the result RBS has made significant cuts to estimates through FY13. Price target is unchanged but given the company has a long road ahead in terms of restoring investor confidence the broker retains a Hold rating. Target price is $0.48 Current Price is $0.55 Difference: minus $0.065 (current price is over target). If TWO meets the RBS Australia target it will return approximately minus 12% (excluding dividends, fees and charges - negative figures indicate an expected loss). "
TWO Price at posting:
54.5¢ Sentiment: None Disclosure: Not Held