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Broker Forecasts - Broker's call: IndoStar Capital
Valuation: The stock is among the cheapest NBFCs in terms of valuation. We forecast ROE to rise from 11 per cent in F18 to 13 per cent in F21 and 16 per cent+ in F23as operating and financial leverage set in. Our price target implies a re-rating to 1.7xF20 ...
Broker tips: Just Eat, Asos, BP
Citi reduced its share price target for Asos to £70 from £77.50 as it cut its forecasts for earnings growth in 2019 ... with six projects on the cards. The broker also pointed out that through 2015-17, Macondo cost estimates kept increasing but said ...
Brazil's Caixa could create insurance broker arm
Including news and insight from South America, Central America and the Caribbean, BNamericas includes insight and forecasts for business opportunities in Mexico. The business development service focuses on major projects, active companies, such as and ...
Top broker rates these ASX resources shares as buys
The broker made the move after revising its commodity price forecasts. Previously, Macquarie was bullish on Orocobre due to the phase 2 work being done at its Olaroz operation. The broker suspects this could result in strong cash flows being generated from ...
Broker Forecast - Numis issues a broker note on Redcentric PLC
The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser.