CPR clivpee limited
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sthern cross eqt buy price target of 1.50

  1. peterpan8888
    461 Posts.
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    15/10/09
    12:51
    Post #: 5783283



    great news


    DJ MARKET TALK: Clive Peters Spikes On Buy Rating



    0110 GMT [Dow Jones] STOCK CALL: Clive Peeters (CPR.AU) has spiked up to 17-month high of A$0.70 on Buy rating from Southern Cross Equities. Broker says Clive Peeters the cheapest retail stock in Australia.
    SC gives a medium-term price target of A$1.00 - A$1.50 a share, arguing that the recent discount caused by a major fraud should evaporate.
    Price target based on normalized earnings estimate of greater than A$10 million net profit and PE ratio of 10x-15x. CPR last up 16 cents at A$0.61. (DWR)


    CPR Price at posting: 65.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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