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ANN - Credit Suisse rates the stock as Neutral
BY BROKER NEWS - 20/04/2017 | VIEW MORE BROKER UPDATES

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ANN - ANSELL LIMITED


Credit Suisse has reviewed activity trends over the March quarter for a number of items that are relevant to the company.

While recent purchasing manager index data in developed regions is indicative of expectations for improved growth, industrial production data is yet to show any material uplift.

Combined with updated currency adjustments, these factors support the broker's Neutral rating. Target is $22.70.

Sector: Health Care Equipment & Services.

Target price is $22.70.Current Price is $23.22. Difference: ($0.52) - (brackets indicate current price is over target). If ANN meets the Credit Suisse target it will return approximately -2% (excluding dividends, fees and charges - negative figures indicate an expected loss).



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The content of this information does in no way reflect the opinions of FN Arena, or of its journalists. In fact we don't have any opinion about the stock market, its value, future direction or individual shares. FN Arena solely reports about what the main experts in the market note, believe and comment on. By doing so we believe we provide intelligent investors with a valuable tool that helps them in making up their own minds, reading market trends and getting a feel for what is happening beneath the surface. This document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any security or other financial instrument. FN Arena employs very experienced journalists who base their work on information believed to be reliable and accurate, though no guarantee is given that the daily report is accurate or complete. Investors should contact their personal adviser before making any investment decision.

 

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