Morningstar say BAL Undervalued, page-4

MS quantitative is not research, recommendation or fundamental. MS quantitative should NOT be used for investment decisions, and has NO analyst input or opinion.

If you want impartial, unbiased input from me, lets look at the analyst expectations of price:

Goldman Sachs 19 June A$5.70 - expecting 23% fall in price.
Morgans 15 June A$6.00 - expecting 17% fall in share price
Bell Potter 14 June A5.49 - expecting 28% fall in share price
APP Securities 13 June A$5.21 - expecting 35% fall in share price
Wilsons 31 March A$3.82 - expecting 48% fall in share price


Anyway, you get the picture. These prices are all the latest analyst estimates which I have this morning taken from the ANR (Analyst Recommendation function on Bloomberg) - an institutional platform for professional buy and sell side participants.

I hope that is impartial enough for you