WOR 0.86% $13.86 worley limited

Morgan Stanley suspects the company may be at the point of a...

  1. 249 Posts.
    Morgan Stanley suspects the company may be at the point of a significant earnings inflection. An investor briefing scheduled for May may be able to outline this potential and prove to be a material positive catalyst, in the broker's view.

    Morgan Stanley suggests the company is targeting a return to double-digit EBIT. As consensus is forecasting margins to hold at around 6% through FY19 the broker envisages earnings risk is significantly skewed to the upside.
    Overweight rating and Cautious industry view are retained. Target is raised to $12.52 from $11.94.
 
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Last
$13.86
Change
-0.120(0.86%)
Mkt cap ! $7.649B
Open High Low Value Volume
$14.11 $14.16 $13.86 $12.08M 868.4K

Buyers (Bids)

No. Vol. Price($)
7 13996 $13.86
 

Sellers (Offers)

Price($) Vol. No.
$13.87 2900 1
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Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
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