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Downgraded to SELL

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Any idea as to why Standardbank consensus has downgraded this share to SELL?

5 REPLIES 5

. and I notced it went from buy to sell without a hold phase.

Looks like 14.30 is support and the neckline of a H and S.If that support fails it's in trouble.It is oversold so might bounce a little around there.

Technically it is down because they went ex div on friday, the SELL recomendation that SBK research is recomending is based on fundamentals.

it si not SB consensus .. rather brokers consensus ..

I'm just shooting the messanger hehehe :-)

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