GCL 0.00% $3.54 gloucester coal ltd

morgans strong buy on gcl

  1. 27 Posts.
    see below...driving strong buying in the stock today

    1135 [Dow Jones] STOCK CALL: ABN Amro Morgans says buy Gloucester Coal (GCL.AU). DCF
    valuation A$3.92. Technical target A$6.50. Notes GCL trading at 3.8x 2006 PE vs 8x for
    peer group. Says GCL being overlooked by market and 2H result should be good as higher
    coal prices flow through. GCL latest up 3.2% at A$3.52. (DWR)
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