Hi,
BFG have increased their price target to $5.15 per share!!
On the back of a significant earnings upgrade and associated cashflow benefit from favourable wholesale pricing reductions, we have increased our price target and DCF valuation by 25% to $5.15 per share (from $4.10 per share).
Our recommendation remains a BUY.
SD
http://m2.com.au/__data/assets/pdf_file/0006/10203/BGF-11_MTU_0803-guidance-upgrade.pdf