WOR 1.29% $14.17 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
$14.17
Change
0.180(1.29%)
Mkt cap ! $7.649B
Open High Low Value Volume
$14.10 $14.24 $14.05 $15.93M 1.119M

Buyers (Bids)

No. Vol. Price($)
3 6787 $14.16
 

Sellers (Offers)

Price($) Vol. No.
$14.18 9834 2
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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