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Corus ahead by CSFB target 65 p

1. sunnyb0y 24 februari 2005 16:24

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   • sunnyb0y

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   15:00 24 feb 05 FTSE 100 movers: Corus ahead
   
   LONDON (ShareCast) - On a huge day for earnings statements from blue chip companies, it was steelmaker Corus that led the FTSE (news) 100 after an upbeat assessment from broker CSFB.
   
   The broker Advertisement
   
   said that steelmakers should be able to absorb the 70% rise in iron ore prices comfortably and share prices could become cheap in the second half of 2005. Its target price for Corus is 65p.