ERA – Deutsche Bank rates the stock as Buy

The broker has revised its NPV multiple for the stock to bring it more in line with historic industry averages, the result being an increase in its price target to $22.00.

There is no change to the broker's positive rating. Sector: Materials.

Target price is $22.00. Current Price is $20.45. Difference: $1.55 – (brackets indicate current price is over target). If ERA meets the Deutsche Bank target it will return approximately 7% (excluding dividends, fees and charges – negative figures indicate an expected loss).

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