Credit Suisse 23/07/2010 1 Outperform $8.50 46.8%
The broker notes malt prices have been rising in recent months due to supply weakness in Europe. This should have led Graincorp to a strong finish in FY10 and the broker expects a result at the top end of the guidance range.
The broker is also happy to be above consensus on FY11 forecasts.
Target price is $8.50 Current Price is $5.68 Difference: $2.82
If GNC meets the Credit Suisse target it will return approximately 50% (excluding dividends, fees and charges).
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$7.79 |
Change
0.030(0.39%) |
Mkt cap ! $1.731B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.81 | $7.71 | $10.86M | 1.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3940 | $7.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.79 | 21209 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |