CENTRO RETAIL GROUP
BA-Merrill Lynch rates as Buy, High Risk - Initiation of Coverage (1) - BA-ML initiates coverage with a Buy rating, noting the stock is higher risk but offers potential valuation upside from either an amalgamation of Centro Group assets or a winding up.
Net tangible asset backing for Centro Retail stands at $0.44 on BA-ML's numbers, which supports the broker's Buy rating.
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CENTRO RETAIL GROUPBA-Merrill Lynch rates as Buy, High Risk -...
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