As written in the ConSec Research Insight dated 30 July 2009UGL...

  1. 34 Posts.
    As written in the ConSec Research Insight dated 30 July 2009

    UGL is now trading close to our DCF valuation of $12.24, having increased 43% since the 1H09 result. With UGL continuing to perform well on contract wins and renewals, our recommendation remains ACCUMULATE / MARKET PERFORM. We have upgraded our 12-month price target to equal our valuation of $12.24 (was $10.45).

    Should be in for a nice ride.
 
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