Programmed Maintenance Services (PRG) Shares Recommendation

Submitted by Craig Strzelecki on Fri, 30/06/2006 - 21:03.

UBS has upgraded their recommendation for the Programmed Maintenance Services (PRG) stock to Buy 1 with their share price target rising from $3.60 to $4.80 as a result in a change of their valuation strategy from PE to DCF. They feel that the consistent 10% growth in EPS each year since 1999 is likely to continue in the next few years.

Programmed Maintenance Services Limited is listed on the Australian Stock Exchange (ASX) under stock code PRG. You can view their investor website here. Programmed Maintenance Services is Australia's only national property maintenance service provider. Check your charts!

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