Broker Recommendations for ACR
Macquarie 14-Dec-12
Target $2.60 (was $3.84). The broker notes US testosterone market growth slowing and the broker also thinks the company's ability to grow share is diminished given increased marketing efforts by peers and the prospect of new entrants into the market.
The broker is of the view the company's FY13 Axiron guidance will be difficult to achieve and cuts FY13-14 net profit forecasts by 25%, 6% and 11%. With slowing market growth, flat market share and intensifying competition no looking to be the story, the recommendation is also cut to Underperform from Neutral.
Downgrade to Underperform from Neutral
-----
Anyone have access to this research? Seems a little negative - any views?
- Forums
- ASX - By Stock
- ACR
- macquarie goes negative on acr
macquarie goes negative on acr
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ACR (ASX) to my watchlist
|
|||||
Last
6.9¢ |
Change
-0.002(2.82%) |
Mkt cap ! $20.05M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 6.9¢ | $31.16K | 433.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 54422 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 147301 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 54422 | 0.069 |
3 | 224647 | 0.068 |
1 | 30000 | 0.067 |
1 | 7742 | 0.066 |
1 | 50000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 47301 | 1 |
0.073 | 15000 | 2 |
0.075 | 149999 | 1 |
0.077 | 6520 | 1 |
0.080 | 7000 | 1 |
Last trade - 15.53pm 28/06/2024 (20 minute delay) ? |
Featured News
ACR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online