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2.63% 18.5¢ microba life sciences limited

ubs cuts macquarie airports to neutral

  1. clayton4115
    351 Posts.
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    23/07/05
    21:31
    Post #: 997899
    0924 [Dow Jones] STOCK CALL: UBS downgrades Macquarie Airports (MAP.AU) to Neutral from Buy, reduces 12-month target to A$3.65 from A$4.00. Says group's Sydney airport looks expensive on earnings mulitples at 19x EBITDA, which broker says demonstrates that MAP is trading above fair value. MAP latest A$3.42. (LMF)
    MAP Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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