OGC 3.00% $2.40 oceanagold corporation

jp morgan rates ogc overweight

  1. 4,568 Posts.
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    "JP Morgan rates OGC as Overweight

    Monday, February 18, 2013 - 12:47

    The broker was pleased with the 2012 financials. Didipio ramp up is on track and production guidance has been reaffirmed. JP Morgan sees OceanaGold as a re-rating candidate for 2013.

    The Overweight rating is maintained and the price target is steady at $3.70.

    Target price is $3.70 Current Price is $2.58 Difference:$1.12 - (brackets indicate current price is over target). If OGC meets the JP Morgan target it will return approximately 43% (excluding dividends, fees and charges - negative figures indicate an expected loss).

    The company's fiscal year ends in December.

    JP Morgan forecasts a full year FY12 dividend of 0.00 cents and EPS of 7.44 cents.

    At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 34.68."


    http://www.eurekareport.com.au/broker-alerts/1973


 
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Currently unlisted public company.

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