MAP - UBS rates the stock as Neutral
BY BROKER NEWS - 15/03/2010
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• MAP - MAp GROUP
ACCC concerns over Sydney Airport’s quality of service and increased profitability, coupled with the Transport Minister’s announcement to bring forward an independent review highlight the regulatory risks, UBS says.
However, the stock is seen as a proxy for economic recovery, UBS adds, although it is currently fully priced. Sector: Transportation.
Target price is $3.10.Current Price is $3.18. Difference: ($0.08) - (brackets indicate current price is over target). If MAP meets the UBS target it will return approximately -3% (excluding dividends, fees and charges - negative figures indicate an expected loss).
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