Hi Gindalban,
i don't have the price target they have placed on GBG. A friend of mine, sent me the following;
Australia's S&P/ASX 200 is up 0.2% at 4903.2 after an
early rise to 4914 as disappointing U.S. jobs data saw investors pare back expectations
that the Federal Reserve will "taper" its quantitative easing this year. A
further 3% rise in Japan's Nikkei 225 following last week's
stronger-than-expected quantitative easing plan from the Bank of Japan is also helping
market sentiment. Gold and iron-ore miners have recovered after spot gold rose 1.7% and
as iron-ore stabilized Friday. JPMorgan upgraded some iron-ore small caps. Upgraded GBG from underweight to neutral.
there's talk of a buy portfolio in iron-ore stocks Monday.
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