From FN Arena
Morgan Stanley raises its target for AGL Energy to $8.88 from $7.77 after implementing regular mark-to-market changes for energy and certificate prices, as well as for the risk free rate.The bulk of the broker's target increase (82cps) stems from incorporating development platform value from the company's 20% equity interest in Tilt Renewables.
Quite an odd statement saying Tilt driving it - and not the $300/spot prices and higher futures prices. but i guess like most sell side brokers they are late to the party...
The Cannon-Brookes effect, page-87
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Last
$10.70 |
Change
0.240(2.29%) |
Mkt cap ! $7.198B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.87 | $10.47 | $27.26M | 2.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21682 | $10.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.75 | 797 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AGL (ASX) Chart |