TPI claim a $30m reduction in cost base by June 2017, which has lead to a small increase in share price target by UBS (83c) and a "buy" rating. UBS also state that TPI is trading at a discount to international peers across all metrics (34% discount on EV/EBITDA, 12% on EV/EBIT and 8% on P/E.FY16). Could be takeover target, which may see SP increase 25% to 30%!
TP=$0.78 within few weeks?, page-2
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