News
More Pain For Allco
Allco (AFG) fell to a record share price low of 33 cents this morning after banks seized a substantial percent stake in the company late yesterday.
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Allco Sells Rubicon Holdings
Shares in Allco Finance Group (AFG) rose by more than 20% today after the company announced it had been forced by margin calls it to sell most of its holdings in three Rubicon property trusts.
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ANY Story For AFG
At least ABC learning put something substantial to the market in the form of a statement and suggestion of a possible deal in the offing.
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Allco Finance Launches Infrastructure Fund
Asset manager, Allco Finance Group (AFG) rose as much as 6% to $6.11 in early morning trade on Monday after the company said it had raised $200 million for its globally diversified transport and infrastructure fund ahead of schedule.
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Analyst Views
AFG – Macquarie rates the stock as Outperform
The Outperform rating and target price of $2.94 are retained.
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AFG – Macquarie rates the stock as Outperform
Outperform rating, $2.94 target price and earnings forecasts are retained.
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AFG – Macquarie rates the stock as Outperform
With no changes to earnings forecasts or the $2.94 target price, the broker retains its Outperform rating.
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AFG – Macquarie rates the stock as Outperform
Earnings risk is to the upside and the broker retains an Outperform rating. Target is raised to $3.18 from $3.06.
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