from www.fnrarena.com.au
UpdatedMerrill Lynch rates AGO as Buy - The broker has released its Q308 Commodity Price Review and has made revisions to its forecasts for most stocks in the sector.
Target price is $6.00 Current Price is $2.04 Difference:$3.96 - (brackets indicate current price is over target). If AGO meets the Merrill Lynch target it will return approximately 194% (excluding dividends, fees and charges - negative figures indicate an expected loss).
The company's fiscal year ends in June. Merrill Lynch forecasts a full year FY08 dividend of 0.00 cents and EPS of -6.00 cents. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is -34.00.
Market Sentiment: 1.0
from www.fnrarena.com.auUpdatedMerrill Lynch rates AGO as Buy -...
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