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Wagners Holding Company Limited

( ASX:WGN ) - Materials

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Analyst Views

WGN – Morgans rates the stock as Add

Project delays and wet weather are a fact of life in the construction game, the broker notes, but they have put a dampener on Wagner's FY19 performance to date and led to the broker cutting earnings forecasts by -15% and -11%% in FY19-20. Confidence has been lost given FY19 was meant to be the big year in infrastructure with FY20 looking uncertain.

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