LGL
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0.86% $1.74 lynch group holdings limited

Not today though :)RBS Australia 25/01/2010 1 Upgrade to Buy...

  1. regularASX
    2,602 Posts.
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    25/01/10
    08:36
    Post #: 6242179
    Not today though :)

    RBS Australia 25/01/2010 1 Upgrade to Buy from Hold $3.92 18.4%
    Target $3.92 (was $2.79). Fertiliser prices have been strong in the past couple of months and the broker expects this will continue and to reflect this it lifts its earnings estimates for the company.

    The changes mean an increase in price target and with the worst looking to be behind the stock and fundamentals undemanding the broker upgrades to a Buy rating, attracted by the leverage the company offers to an economic recovery.
    LGL Price at posting: $3.06 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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