PRG

If you wish to use these broker recommendations for trading shares listed on the Australian Stock Exchange, it is highly recommended that you back up your analysis using fundamental or technical analysis or a combination of both before investing in any company.

UBS has a Neutral 2 recommendation for National Australia Bank (NAB) with a target of $35 per share.

UBS has upgraded their recommendation for the Programmed Maintenance Services (PRG) stock to Buy 1 with their share price target rising from $3.60 to $4.80 as a result in a change of their valuation strategy from PE to DCF. They feel that the consistent 10% growth in EPS each year since 1999 is likely to continue in the next few years.