UBS: MRE: Commonwealth Bank of Australia (CBA) Broker Recommendations

UBS states that CBA is "not cheap". UBS has a Neutral 1 recommendation on the Commonwealth Bank of Australia (CBA) with a price target of $43.50. According to UBS, CBA is trading at PE of 14x and yield of 5.2%. Meanwhile MRE (Macquarie Research Equities) has a 12 month price target of $45.25 for CBA and maintains a Neutral recommendation. Let's see where the new CEO Ralph Norris and his team can show us in the future.