Motor Sich Financial Status Research Report Announced
OREANDA-NEWS. A financial research think tank Millenium Capital (Ukraine) sees a significant improvement in an aircraft engines and machinery producer Motor Sich's financial performance in 1H2007 and reconsiders its assessment of the company's stock, MC's press-service reports.
According to Millenium Capital's press-release, the reseachers expect growth of Russian and Ukrainian aviation industries as well as growing demand for gas-transport equipment, and stress that the current market price (of Motor Sich shares - ed.), which soared by 176% since the beginning of the year, almost fully includes these opportunities." We see MSICH rates stable with a 12.6% upside potential and a 12-month target price at USD264.0," the press-release reads.
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