VOC 0.00% $5.49 vocus group limited

News: VOC Vocus Group says HY net profit up 94.9%, page-66

  1. 1,305 Posts.
    lightbulb Created with Sketch. 135
    here is Credit Suisse opinion 2 weeks ago so prior to todays results, i would suggest other brokers will follow which hopefully will see this crack $5 this week.

    "Vocus has indicated that FY17 earnings will be skewed to the second half. The broker has trimmed FY forecasts as a result of the skew.
    The broker suggests guidance needs to be at least reiterated at the upcoming result release in order to restore investor confidence following recent issues.
    Target falls to $5.70 from $6.00. Outperform retained.
    Target price is $5.70 Current Price is $4.05 Difference: $1.65
    If VOC meets the Credit Suisse target it will return approximately 41% (excluding dividends, fees and charges).
    Current consensus price target is $5.82, suggesting upside of 43.4%(ex-dividends)
    The company's fiscal year ends in June.
 
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