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
Macquarie rates MAH as Upgrade to Outperform from Neutral - The...
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Last
29.0¢ |
Change
0.010(3.57%) |
Mkt cap ! $624.9M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.5¢ | 28.0¢ | $900.0K | 3.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61864 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 18769 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MAH (ASX) Chart |