JP Morgan 21-Mar-13
JP Morgan notes the downgrading of Perseus that has occurred over recent months because of operating issues at Edikan and delays to the start-up of Sissingue. Although sentiment cannot be ignored the broker believes the issues will have minimal impact and not alter longer-term production. JP Morgan believes the current share price provides an attractive entry point. Hence an upgrade to Overweight from Neutral.
The price target is $2.30 from $2.16.
Been adding a few of late...
prod to surpass broker expectations , page-8
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Last
$2.53 |
Change
0.060(2.43%) |
Mkt cap ! $3.481B | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.54 | $2.50 | $19.29M | 7.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12593 | $2.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 47166 | 4 |
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| PRU (ASX) Chart |