InvestSMART updated its 'broker consensus' for MDT on 10 January...

InvestSMART updated its 'broker consensus' for MDT on 10 January 2010. Of the 4 brokers surveyed, two of them are 'HOLD', and the other two are 'SELL'.

12 month target price (highest) - $0.90
12 month target price (lowest) - $0.05
12 month target price (average) - $0.343

Estimated EPS - 4.383c

(source: www.investsmart.com.au/shares/asx/broker-consensus/Macquarie-DDR-Trust-MDT.asp)

In my view the estimated EPS is quite conservative, but I guess we'll have a better indication once the Half-Yearly is released.

I wonder what the SP will be when the brokers eventually re-rate MDT as a BUY??? My guess... +20c (and by then you've missed a 90% profit)

Cheers.

Disc - I hold & am clearly bullish on MDT, so please DYOR!