MBL – UBS rates the stock as Buy 2

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The broker suggests a positive trading update is likely at the company presentation tomorrow, given recent deal flow. The broker also suggests a share split would be a good idea.

Target price is $87.00. Current Price is $83.32. Difference: $3.68 – (brackets indicate current price is over target). If MBL meets the UBS target it will return approximately 4% (excluding dividends, fees and charges – negative figures indicate an expected loss).

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