MBL macquarie bank limited

mbl, page-2

  1. 915 Posts.
    hellMARKET TALK: MBL Has Momentum, Undemanding Valuation 11/01/05 09:15:00+

    0915 [Dow Jones] STOCK CALL: CSFB says Macquarie Bank (MBL) remains its
    momentum pick in banking sector, with MBL experiencing strong to very strong
    trends in asset management, investment banking (62% of 1H FY05 earnings), mixed
    to positive trends in financial markets, flat to positive trends for lending in
    4Q 2004. "This good underlying business momentum supplements the large number of
    significant items already disclosed." With stock at 17.1X FY06 earnings,
    valuation is undemanding. Maintains Neutral rating, A$46.00 price target; stock
    last A$48.86. (WES)

    Contact us in Sydney. 61 2 8235 2950;
    [email protected]

    o what do u think thank u
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