latest price target from rbs, page-14

  1. 2,602 Posts.
    RBS Australia 23/12/2009 1 Buy $7.59 40.8%
    Target $7.59 (was $8.01). Management has issued earnings guidance for FY10 and the broker notes it was disappointing, leading to a reduction in its earnings forecasts.

    This flows through to a reduction in price target but the broker continues to view the stock as undervalued and so it retains its Buy rating.

    Credit Suisse 23/12/2009 1 Outperform $10.00 85.5%
    Earnings guidance from management was below market expectations and sees the broker lower its forecasts accordingly.

    It continues to suggest the stock is good value for mid-cycle earnings and so the broker retains its Outperform rating, the forecast changes not impacting on its $10.00 price target.
 
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Last
$7.79
Change
0.030(0.39%)
Mkt cap ! $1.731B
Open High Low Value Volume
$7.78 $7.81 $7.71 $10.86M 1.397M

Buyers (Bids)

No. Vol. Price($)
1 3940 $7.78
 

Sellers (Offers)

Price($) Vol. No.
$7.79 21209 3
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