Seek (SEK) Stock Recommendation

Submitted by Craig Strzelecki on Wed, 23/08/2006 - 12:53.

ABN Amro have rated the Seek (SEK) stock as a Hold and a share price target of $5.00. The profit of $34.1 million was nearly 5 percent higher than the stockbroker's forecast. JP Morgan is Neutral with a target price of $3.00. The analyst has commented that the empyment cycle is set to slow in FY07 and FY08 and they expect this effect to hit revenue growth. Macquarie also has a Neutral outlook and a share price target of $4.72. Merrill Lynch have a Buy, High Risk rating and a share price rating of $5.16. SB Citigroup have a Hold, High Risk recommendation on the Seek stock and a share price target of $4.90.

Seek (SEK) Limited is listed on the Australian Stock Exchange (ASX) under stock code SEK. You can view their investor website here. The company is involve din operating an online employment classifieds and online training. Seek was listed on the ASX on 19 April, 2005. Find out the meaning of the recommendations in this primer. Browse for other broker recommendations. Check your charts and good luck with your share trading!

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