Analyst Research Report Snapshot

Title:

Charles Stanley: Pressure Technologies (Buy)

Price:

$58.00

Provider:

Charles Stanley Securities

Date:

23 Oct 2013

Pages:

6

Type:

AcrobatPDF

Companies referenced:

PRES.L

Available for Immediate Download
Summary:

Strong H2 trading The Group has issued a positive trading update that highlights a FY13 outturn that will exceed market expectations. Management note that H2 trading was strong inb oth the Cylinders and Engineered Products divisions and FY14 has begun on a positive footing. We have upgraded our normalised PBT forecast for FY13 by 20% and increased our 12 month price target to 375p. Our FY14 and FY15 forecasts increase only modestly at this early stage of the new financial year.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.