Been looking at a few analyst reports over the weekend. Targets range from 44 to 60 cents. I note these reports were done BEFORE
the November revenue update from mbe. Comments about significant upside risk are interesting.
Be very likely that analyst upgrades will follow the Feb confirmation of half year results.
Will be interesting to see if there are any nervous nellies tommorow after dow dropped 2% on fri. I cant see markets falling much with bank deposit rates forecast to be down in the 3% range for at least 3 years. Thats 9% for 3 years in the bank. So as long as mbe is 43 cents in 2018 youve beaten the bank!!
MBE Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
