SXL 2.83% 51.5¢ southern cross media group limited

testing 20c soon, page-41

  1. 20,542 Posts.
    lightbulb Created with Sketch. 2050
    UBS updated target is 20c
    Morningstar the highest at 38c
    not sure what Macbank is but I imagine it will be on the generous end given they did the raising
    I think mid 20s is fair and this assumed a reasonable economic recovery. One has to assume a lower level of advertising revenue for the next 1-3 years than has been achieved historically. Overtime may get back to 30 plus but that would be very good. I think it will ok medium term but Ok over the next 1-2 years I think is about 30%
 
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