DCG decmil group limited
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Petra coverage out today We have derived our $1.02ps target...

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    19/05/21
    10:12
    Post #: 53269195
    Petra coverage out today We have derived our $1.02ps target price from an equal blend of our DCF and capitalisation valuations. Our target price equates to a FY22 PER of ~8x, which is more in line with peers and represents share price upside of 92%. • Accordingly, we initiate coverage with a Buy rating and a $1.02ps target price.
    DCG Price at posting: 52.0¢ Sentiment: Buy Disclosure: Held
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