Intelligent Investor

Servcorp

By · 3 Jul 2013
By ·
3 Jul 2013 · 1 min read
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Recommendation

Servcorp Limited - SRV
Buy
below 3.20
Hold
up to 5.00
Sell
above 5.00
Buy Hold Sell Meter
HOLD at $3.52
Current price
$4.12 at 16:40 (23 April 2024)

Price at review
$3.52 at (03 July 2013)

Max Portfolio Weighting
4%

Business Risk
High

Share Price Risk
High
All Prices are in AUD ($)

Servcorp’s share price has bounced 14% since we upgraded to Buy on 25 Jun 13 (Buy – $3.08), taking it well past the relevant price guide. Look out for a detailed review in coming weeks. In the meantime, we’re switching back to HOLD.

Note: The model Growth and Income portfolios own shares in Servcorp.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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