I normally don't take too much notice of Broker Recommendations but here are the latest for KAR.
These ones seem linked to the oil price...are they saying KAR striking oil in Brazil is a sure thing????? or were they just lazy and justified there existence by writing something?
Deutsche Bank 17-Jan-13
Deutsche Bank has revised its oil price forecasts for the years ahead and it would appear that a flat outlook has become the new norm. Earnings forecasts across the sector have been adjusted accordingly.
Buy
UBS 16-Jan-13
UBS analysts have lifted their price forecasts for crude oil, but all in all they do not expect to see much in terms of strong price growth anytime soon. It is the stockbroker's view that crude prices are more likely to continue trading in a relatively wide range, buffeted by geopolitics and macro uncertainties.
Earnings estimates have been adjusted across the sector. Price target for Karoon Gas has dropped to $8 from $9.80 prior.
Buy
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Last
$1.82 |
Change
-0.013(0.68%) |
Mkt cap ! $1.460B | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.85 | $1.81 | $921.2K | 504.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 114911 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 47317 | 22 |
View Market Depth
| Last trade - 10.46am 30/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |