COA coates hire limited

what the brokers are saying, page-7

  1. 3,698 Posts.
    Depends on the spin you put on it I suppose.

    I prefer to say 3 buys at an average target price of $6.81 or @ $5.36 a return of 27% PLUS a 10 cent divi
    Three holds with an average target price of $5.95 or a return of 11% PLUS a 10 cent divi.


    I think they move into buy territory when the price falls 15 % or more below the target price.

    JP Morgan may up grade it's recommendation to BUY should the price drop to $5.30

    So you have 3 buys, 3 holds and ONE little old sell at $5.13

    Like I say it is all a matter of how you percieve reality.

    The facts are below...............



    BUYS
    v
    v
    v


    UBS 20-Feb-07 1 Buy 2 $7.50

    Credit Suisse 21-Feb-07 1 Outperform $6.60

    Deutsche Bank 20-Feb-07 1 Buy $6.33

    HOLDS
    v
    v
    v


    ABN Amro 20-Feb-07 3 Downgrade to Hold from Buy $5.80

    Macquarie 20-Feb-07 3 Downgrade to Neutral from Outperform $5.96

    JP Morgan 20-Feb-07 3 Neutral $6.10

    SELLS
    v
    v
    v

    SB Citigroup 20-Feb-07 5 Sell, High Risk $5.13


 
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