JP Morgan 03/12/2009 3 Upgrade to Neutral from Underweight $10.85 3.2%
Target $10.85 (was $13.00). In the broker's view there are now doubts as to whether the proposed Sinochem deal will go ahead and the share price reaction to this possibility has been appropriate.
This suggests the value equation is now improved and to reflect this the broker has upgraded to a Neutral rating while cutting its price target to a more appropriate level given the possible outcomes of any deal with Sinochem.
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Last
$2.58 |
Change
0.045(1.78%) |
Mkt cap ! $984.4M | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.61 | $2.54 | $1.234M | 477.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 10267 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.58 | 20026 | 37 |
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| Last trade - 12.51pm 13/08/2025 (20 minute delay) ? |
| NUF (ASX) Chart |