CSR (CSR) Stock Tip

Submitted by Craig Strzelecki on Mon, 15/05/2006 - 09:32.

UBS has rated the CSR (CSR) stock as Neutral 2 with a share price target increasing from $3.05 to $4.50 and a valuation of $4.35-$4.60. The change comes after changes to the broker's commodity price forecasts have resulted UBS lifting its earnings estimates for the CSR by 15% in 2007 and more than 30% in 2008. CSR Limited is listed on the Australian Stock Exchange under stock code CSR. Check your charts.

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