Boral has been triggered by the algorithm engine as a “buy alert”.
Fy17 NPAT is forecast to be up 10% ($280m) on last year, based on EPS of $0.38 cps, placing the stock on 17x PE and assuming $0.24 in dividends, Boral trades on a forward yield of 3.8%
The stock has pulled back 15% from the late August high. Buy within the $6.40 – $6.00 value range.