Nomura Equity Research released their report on MSB today. Not possible to post content here but they have a buy rating with a target price of $10.15.
So that's 3 analysts reports in a week as follows:
ANALYST DATE 12 MONTH TARGET
Macquarie - Oct 27 - $5.80
BellPotter- Nov 1 - $16.00
Nomura - Nov 3 - $10.15
And yes, it's the same company they've researched.
My mate is a Macquarie broker and told me that based on past performance, a sell recommendation from their anaylst is usually a signal to buy!
I'll leave members to draw their own conclusions on the value of such research, but the monkey and the dart board might offer better value. Personally, I'm not interested in the 12 month target. I have a 5 year target of $50.
new nomura report
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Last
98.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.118B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1569 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 12450 | 2 |
View Market Depth
| Last trade - 09.42am 28/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |
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