WHC – Deutsche Bank rates the stock as Buy

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With the prospect of Adani’s Carmichael mine being approved in Queensland, Deutsche Bank believes the market should now be paying for Whitehaven Coal’s growth.

The broker maintains a Buy rating with a $5.10 target.

Sector: Energy.

Target price is $5.10.Current Price is $4.21. Difference: $0.89 – (brackets indicate current price is over target). If WHC meets the Deutsche Bank target it will return approximately 17% (excluding dividends, fees and charges – negative figures indicate an expected loss).

 

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