Engenco Limited

( ASX:EGN ) - Capital Goods

Analyst Views

EGN – RBS Australia rates the stock as Buy

RBS stockbrokers would have been on the defensive this week as Engenco management had to issue a profit warning. RBS initiated coverage two months ago, with a Buy rating and a price target well above the share price. The analysts argue, however, investors should keep the focus on the bigger picture and not let themselves be distracted by this minor, short term set-back.

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