UBS: Alumina (AWC) Stock Recommendation

UBS has a Buy 2 recommendation for Alumina Limited (AWC) with a sahre price target of $8.90 on the back of higher commodity price forecasts. UBS has upgraded their recommendation for AWC from Neutral 2 to Buy 2 reflecting the higher price target as a result of the higher commodity price forecasts. "Main risk is price and project delays." Valuation of $8.90 based on DCF, d.r 10%. Alumina stocks are listed on the Australian Stock Exchange (ASX) under stock code AWC. Check your charts.