LOGIN JOIN SHARECAFE SIGN UP FOR OUR NEWSLETTER ADVERTISE
share cafe logo  
 
SHARECAFE COMMENTARY

MX1 - Morgans rates the stock as Add
BY BROKER NEWS - 21/12/2017 | VIEW MORE BROKER UPDATES

Get More Commentary, Discussion & Market Information On -

MX1 - MICRO-X LIMITED


Micro-X has developed ultra-lightweight x-ray imaging equipment with medical and security applications. It is partnered with a major US distributor, Carestream, which is involved in the mobile medical x-ray market.

Morgans observes the market opportunities across the medical, defence and security markets are quite significant. A successful launch at the Radiology Society Network conference in November highlighted the commercial orders that are expected early in 2018 through the Carestream distribution network.

Morgans estimates an addressable market of US$240m. The broker initiates coverage with an $0.88 target and Add rating.

Target price is $0.88.Current Price is $0.40. Difference: $0.48 - (brackets indicate current price is over target). If MX1 meets the Morgans target it will return approximately 55% (excluding dividends, fees and charges - negative figures indicate an expected loss).



View More Broker Updates

FN Arena is building the future of financial news reporting at www.fnarena.com. Our daily news reports can be trialed at no cost and with no obligations. Simply sign up & get a feel for what we are trying to achieve.




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.

 

RECENTLY ADDED TO SHARECAFE


 › Marcus Today End Of Day Report
 › Friday At The Close
 › Dacian Set For Share Price Re-Rating
 › Can An Investor Profit From M&A Activity?
 › Market At Midday On Friday
 › Right Place, WRONG Time
 › Next Week At A Glance
 › Overnight: It's Off
 › EHL - Morgans rates the stock as Add
 › REA - Citi rates the stock as Buy
 › WES - Macquarie rates the stock as No Rating
 › Italy Is A Worry - But 3 Reasons Not To Be Concerned About An Itexit
 › Digital Growth Spins Aristocrat Higher
 › Shareholders Seal Westfield Takeover
More ShareCafe   

GET THE SHARECAFE BREAKFAST BRIEFING


Delivered free to your inbox before the market opens each trading day. Sign up below +

SHARECAFE VIDEO


Wilson moves into Global Equities

More video