TGR 0.00% $5.22 tassal group limited

3.75? I see 4.32 on Nabtrade's TGR news/announcements: 22:11 GMT...

  1. 9 Posts.
    3.75? I see 4.32 on Nabtrade's TGR news/announcements:

    22:11 GMT [Dow Jones] Salmon producer Tassal's (TGR.AU) 20% rise in 1H operating net profit to A$18.4 million beat J.P.Morgan's expectations by around 2%. The broker found 1H volumes and pricing to be a bit softer than it expected for the retail market, but this was offset by strong improvement in the wholesale market. "The key concern, now, however is whether the wholesale market can continue to take such large volumes without an impact on pricing," analyst Armina Soemino says. J.P.Morgan retains a neutral call on Tassal, lifts its price target slightly to A$4.32/share. TGR last traded at A$3.90. ([email protected]; @dwinningWSJ)

    (END) Dow Jones Newswires
    February 12, 2015 17:11 ET (22:11 GMT)
    Copyright (c) 2015 Dow Jones & Company, Inc.
 
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