https://www.*********.com.au/2019/03/18/syr-credit-suisse-rates-the-stock-as-outperform-7/
BROKER NEWS
March 18, 2019
SYR – Credit Suisse rates the stock as Outperform
By Broker News | More Articles by Broker News
Syrah Resources has downgraded its March quarter graphite price to US$460-470/t from prior guidance of US$500-600/t provided in January.
The lower price realisation is attributed to mix and a faster-than-expected close of lower-priced historical 2018 contracts.
Credit Suisse maintains an Outperform rating and reduces the target to $3.50 from $4.05.
Sector: Materials.
Target price is $3.50.Current Price is $1.09. Difference: $2.41 – (brackets indicate current price is over target). If SYR meets the Credit Suisse target it will return approximately 69% (excluding dividends, fees and charges – negative figures indicate an expected loss).
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Last
35.5¢ |
Change
-0.010(2.74%) |
Mkt cap ! $367.3M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.0¢ | 35.0¢ | $2.274M | 6.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 189831 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 53310 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |