Macquarie rates MAH as Upgrade to Outperform from Neutral - The broker has returned from restriction (it underwrote the capital raising) with an upgrade to Outperform and a target of 49c.
After a tough FY09, the broker expects solid improvement in FY10 on the back of a strengthened balance sheet and stimulus-based civil construction opportunities.
Target price is $0.49 Current Price is $0.37 Difference:$0.13 - (brackets indicate current price is over target). If MAH meets the Macquarie target it will return approximately 34% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Market Sentiment: 0.5
outperform from macquarie
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Last
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $624.9M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 28.0¢ | $319.2K | 1.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 320356 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 115975 | 4 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MAH (ASX) Chart |