Moelis have put out a new research note on ENN, with a increased target price of $1.96.
Mark to market NAV is likely over $2.00, with valuation upside on a potential sale of the Merrylands site multiples above book value, and further potential valuation gains on their hotel, tourism and leisure assets.
To top its off the stock is offering a juicy 12 month forward dividend yield of 8.6%.
Moelis have put out a new research note on ENN, with a increased...
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