Icarus Signal New Entries For Today

This story features METCASH LIMITED, and other companies. For more info SHARE ANALYSIS: MTS

Daily update on share prices and consensus price targets.

By Rudi Filapek-Vandyck

In a world that is starkly dominated by Real Estate Investment Trusts and mining/energy services providers, medium sized supermarket operator Metcash ((MTS)) stands out on its own account. No doubt, on/off speculation regarding the company's battle with the ACCC over Franklins in Australia is keeping traders on the edge of their seat.

Metcash shares have a long history of running into rejection at or above consensus price target (see chart). They have now once again joined the group of stocks trading in the vicinity of target, together with come-back kids DuluxGroup ((DLX)) and Goodman Fielder ((GFF)) and Centrebet International ((CIL)). The latter is "in play".

DKN Financial ((DKN)) shares have now joined stocks trading above target, after IOOF ((IFL)) announced corporate interest. DKN was joined by yoyos Walter Diversified ((WDS)) and Australian Pipeline Trust ((APA)). There are now 27 stocks trading above target.

Investors should consider the information and data are provided for research purposes only.

Stocks <3% Below Consensus

Order Symbol Current Price($) Consensus Price($) Difference(%) 1 CIL $ 1.98 $ 2.03 2.53% 2 DLX $ 2.90 $ 2.93 0.93% 3 GFF $ 1.03 $ 1.05 1.95% 4 MTS $ 4.08 $ 4.19 2.70%

Stocks Above Consensus

Order Symbol Current Price($) Consensus Price($) Difference(%) 1 APA $ 4.36 $ 4.31 – 1.08% 2 DKN $ 0.67 $ 0.55 – 17.91% 3 WDS $ 0.74 $ 0.74 – 0.68%

Top 50 Stocks Furthest from Consensus

Order Symbol Current Price($) Consensus Price($) Difference(%) 1 KAR $ 6.19 $ 9.72 57.06% 2 PAN $ 1.76 $ 2.74 56.13% 3 TPI $ 0.79 $ 1.28 62.03%

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