AGO 0.00% 4.5¢ atlas iron limited

News: Atlas confident on infrastructure , page-2

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    Dear All,

    From 9 July 2013, an extract from fnarena- Recommendations on AGO.

    CIMB Securities- Target $1.20 (was $1.60). The Buy call is maintained, the broker saying that even with a much lower target, there is still significant value on offer.

    BA-Merrill Lynch- The broker is confident this issue will be addressed and sees Mount Webber as becoming the cornerstone of an eventual Pilbara rail solution. The Buy call and $1.86 price target are maintained.

    Credit Suisse- The target price is reduced to $1.05 from $1.15. The Outperform rating is maintained.

    It is clear that the uncertainty regarding a rail solution is a drag on the price. Look out it is can be speedily resolved, look out if it can't too!
 
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