Macquarie Infrastructure Group (MIG) stock analysis

UBS has rated Macquarie Infrastructure Group (MIG) with a Buy 1 recommendation with a share price target of $4.35 and a valuation of $4.35 based on DCF. The Macquarie Infrastructure Group price chart since 1996 reveals the share price movement on a log scale (which gives the trader a percentage based perspective of share price movements). You can see that the stock jumped, almost tripling in price from 2000 to 2002. The stock price now rests above $3.40 and UBS values the stock at $4.35. Can you see a trading opportunity here? Maybe if you look at the shorter term charts you may be able to decipher an opportunity there. Macquarie Infrastructure Group is listed on the Australian Stock Exchange (ASX) under stock code MIG. Check your charts!