Ausgroup kept at 'neutral' with 28 cents target price by OSK DMG

Stock Name: AusGroup
Company Name: AUSGROUP LIMITED

Research House: OSK-DMG

Price Call: HOLD

Target Price: 0.28

SINGAPORE (Feb 11): DMG & Partners Research is maintaining its "neutral" call on Ausgroup with target price of 28 cents.

In a report out today by analysts Lee Yue Jer and Jesalyn Wong, DMG says it has been another disappointing quarter for the marine, oil & gas and mining services company.

In 1H15, Ausgroup's PATMI met only 25% of DMG's original FY15 earnings forecast.