WHC – Deutsche Bank rates the stock as Buy

With the prospect of Adani’s Carmichael mine being approved in Queensland, Deutsche Bank believes the market should now be paying for Whitehaven Coal’s growth.

The broker maintains a Buy rating with a $5.10 target.

Sector: Energy.

Target price is $5.10.Current Price is $4.21. Difference: $0.89 – (brackets indicate current price is over target). If WHC meets the Deutsche Bank target it will return approximately 17% (excluding dividends, fees and charges – negative figures indicate an expected loss).

 

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