Computershare (CPU) Stock Recommendation

SB Citigroup has rated the Computershare (CPU) stock as a Hold, Medium Risk with a valuation of $6.91. The broker has noted that there is little chance of the group not meeting earnings expectations for its upcoming result, but also suggests management are unlikely to provide too bullish an outlook given the market is factoring in EPS growth of about 25% in FY07.

Computershare Limited is listed on the Australian Stock Exchange (ASX) under stock code CPU. You can view their investor website here. The company's principal activity is the operation of a computer bureau, operation of share registries and the provision of software specialising in share registry, financial and stock markets. Check your charts!