Mulitplex (MXG) Shares
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FacebookMulitplex have a Neutral 2 stock recommendation and a $3.70 price target for their shares from investment banker and stock analyst UBS. According to the bank:
The Wembley project has suffered £183m in losses (net of the A$50m Roberts indemnity). The court hearing to determine damages with regards to CBUK is scheduled for Apr-07. The claims in relation to Mott McDonald design engineers may be decided by court or insurance settlement over the next 6-9mths. Our understanding is the claims against WNSL & Mott McDonald are larger than those against CBUK.
Multiplex Limited is listed on the Australian Stock Exchange (ASX) under stock code MXG. You can view their investor website here. Find out the meaning of the recommendations in this primer. Browse for other stockbroker recommendations. A previous Multiplex Stock Tip. Check your charts and good luck with your share trading!
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