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
$8.66 |
Change
0.110(1.29%) |
Mkt cap ! $1.548B | |||
| Open | High | Low | Value | Volume |
| $8.55 | $8.66 | $8.52 | $3.694M | 429.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 934 | $8.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.66 | 9354 | 7 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$8.63 |
Change
0.110 ( 1.29 %) |
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| Open | High | Low | Volume | ||
| $8.56 | $8.65 | $8.53 | 82729 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| MFG (ASX) Chart |