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Back on the 21st Aug Bell Potter upped their target from $1.76...

  1. TitusPullo
    4,705 Posts.
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    29/08/14
    16:26
    Post #: 13896133
    Back on the 21st Aug Bell Potter upped their target from $1.76 to $2.26

    Small snip

    "Maintain BUY rating
    No material changes to earnings forecasts for FY15. Forecast assumes a favourable
    outcome from the Advisory Committee followed by a recovery in industry volumes,
    particularly in 2H of FY15. Our target price is amended to $2.26 based on a re-rating
    that will inevitably follow up a favourable outcome from the Advisory Committee"
    ACR Price at posting: $2.04 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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