Broker reports out overnight.
UBS and Morgans have massively reduced their 'target price' to around $17.
Remember broker target prices are based on a price only one year out, they are not long term valuations.
Morningstar is different they try to determine 'long term value'.
Morningstar cut their fair value by 25% to $38.
MFG Fair Value, page-2
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 (20min delay)
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Last
$8.76 |
Change
-0.070(0.79%) |
Mkt cap ! $1.583B | |||
| Open | High | Low | Value | Volume |
| $8.89 | $8.99 | $8.75 | $4.609M | 521.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2985 | $8.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.80 | 3934 | 3 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$8.76 |
Change
-0.070 ( 0.53 %) |
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| Open | High | Low | Volume | ||
| $8.88 | $9.00 | $8.74 | 52906 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| MFG (ASX) Chart |