Futuris (FCL) Stock Recommendation

Submitted by Craig Strzelecki on Wed, 16/08/2006 - 14:51.

Citigroup have retained their recommendation for the Futuris (FCL) stock with a Buy/Medium Risk (1M) rating. The broker notes that "this business is capable of delivering a result $10-15m higher than it has in FY06."

Futuris Corporation Limited is listed on the Australian Stock Exchange (ASX) under stock code FCL. You can view their investor website here. The company provides an extensive range of farm services to the Australian rural community including rural finance; Design & manufacture of air conditioning and steering systems and related parts for the automotive industry. Find out the meaning of the recommendations in this primer. Check your charts!

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