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Australian Broker Call Report


NCM

TARGET PRICE $25.78

Downgrade to Hold from Add

19 Apr 2017

Morgans

The company has reported an earthquake occurred near its Cadia East mine. Cadia comprises 31% of total production.  No major damage is apparent and the company only expects a ...


NCM

TARGET PRICE $24.00

Neutral

19 Apr 2017

Macquarie

The company has advised that the earthquake which has closed Cadia East has caused only modest damage to underground infrastructure. Cadia will miss production guidance in FY17. ...


NCM

TARGET PRICE $27.40

Buy

19 Apr 2017

Citi

The operations at Cadia East underground have been suspended following an earthquake. All mine personnel were evacuated safely and no injuries were reported. An investigation of the mine is in ...


NCM

TARGET PRICE $14.02

Sell

19 Apr 2017

UBS

The company has noted some damage to the Cadia mine, which was affected by a recent earthquake. Further investigations are underway and mining has been temporarily suspended. UBS ...


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