Funny how they all downgraded to a target above current SP. I would have thought the SP should be overweight if it is growing and currently under-priced. That is Quant analysis for you. No context in the evaluation. A big shareholder sells out and the quant rating goes down even though the price recovers quickly from a 52 week high drop on the sale and is forecast to recover to new highs. Just as well we are looking at the FA and the clear strategy to grow the production and sales. Thanks Brookfield for the discounted top-up by the way. Double bonus as SP went up again and I get more dividend payout.
IFN Price at posting:
72.8¢ Sentiment: Buy Disclosure: Held
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