IBA iba health group limited

rbs upgrade, page-3

  1. 1031
    2,367 Posts.
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    24/04/09
    17:33
    Post #: 5051268

    hi nkup, here it is

    RBS Australia 24/04/2009 1 Upgrade to Buy from Hold $0.95 41.8% The broker has increased IBA Health's target from 75c to 95c to reflect a re-rating of the broker's healthcare sector expectations. IBA specifically is de-risking as contract wins roll in. The Lorenzo software is making an impact in the UK. IBA has also raised $124m which the broker assumes will be used to retire debt. The de-risking is enough to prompt an upgrade.
    IBA Price at posting: 67.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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