also from Eureka, depending on your view the price is either...

also from Eureka, depending on your view the price is either overcooked or underdone. Price targets of $1.35 and $1.30

Deutsche Bank rates AWC as Hold
Thursday, October 13, 2016 - 10:57
AWAC achieved a September quarter margin of US$52/t, a decline from US$65/t in the prior quarter. This was in line with Deutsche Bank's estimates. Alumina Ltd has received a US$93m dividend and net debt was steady post the payment.
Deutsche Bank does not believe Alumina Ltd will receive a material dividend in the December quarter because of higher capex and restructuring charges. Hold rating and $1.35 target retained.
Target price is $1.35 Current Price is $1.49 Difference: minus $0.135 (current price is over target).
If AWC meets the Deutsche Bank target it will return approximately minus 9% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Current consensus price target is $1.39, suggesting downside of -6.7%(ex-dividends)
The company's fiscal year ends in December.
FNArena
Market sentiment: -0.1
Companies: ALUMINA LIMITED
Citi rates AWC as Sell
Thursday, October 13, 2016 - 10:56
Citi analysts expect alumina prices to be range bound between US$230-260/t over the next 12 months, capped by potential Chinese capacity that can restart when prices rise higher.
Alumina Ltd's share price has rallied on the back of a favourable agreement with JV partner Alcoa and rising alumina prices. Time for a pause. Citi downgrades to Sell from Neutral. Price target remains $1.30.
Target price is $1.30 Current Price is $1.49 Difference: minus $0.185 (current price is over target).
If AWC meets the Citi target it will return approximately minus 12% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Current consensus price target is $1.39, suggesting downside of -6.7%(ex-dividends)
The company's fiscal year ends in December.