WHC 3.60% $6.91 whitehaven coal limited

From FNArena Daily again : Morgan Stanley rates WHC as Upgrade...

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    From FNArena Daily again :

    Morgan Stanley rates WHC as Upgrade to Overweight from Equal-weight (1) - The company is benefiting from higher coal prices and Morgan Stanley finds value in the equity, despite the rally on repairs to the balance sheet having run its course.

    The broker upgrades to Overweight from Equal-weight and raises the target to $5.70 from $5.05. Morgan Stanley believes the company's cash flow and future growth potential underpin compelling value.

    The stock also looks cheap versus global thermal coal peers. Industry view: Attractive.
    Target price is $5.70 Current Price is $4.26 Difference: $1.44 If WHC meets the Morgan Stanley target it will return approximately 34% (excluding dividends, fees and charges). Current consensus price target is $4.59, suggesting upside of 7.7%(ex-dividends)The company's fiscal year ends in June.
 
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Last
$6.91
Change
0.240(3.60%)
Mkt cap ! $5.027B
Open High Low Value Volume
$6.82 $6.99 $6.80 $39.70M 5.729M

Buyers (Bids)

No. Vol. Price($)
4 23887 $6.90
 

Sellers (Offers)

Price($) Vol. No.
$6.91 9762 1
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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