Dyno Nobel (DXL) Shares Recommendation

Submitted by Craig Strzelecki on Sat, 22/07/2006 - 13:26.

Macquarie Research Equities (MRE) have retained their outperform recommendation for the Dyno Nobel (DXL) stock with a share price target of $2.72. The broker notes that the company's key markets remain strong and positive price outcomes for DXL's ammonium nitrate and detonator products are being realized.

Dyno Nobel Limited is listed on the Australian Stock Exchange (ASX) under stock code DXL. You can view their investor website here. The Company is a manufacturer and distributor of commercial explosives in North America and Australia. Check your charts!

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