Evans and Partners launched research coverage today on the recently floated QR National Ltd. On the Morning Mail today, David is joined by our Head of Research Paul Ryan to discuss this report.
Paul’s initial investment recommendation is Positive and we discuss the key reasons behind this recommendation as well as the associated risks. Our blended valuation of QRN is $3.27.
While the program runs for a little longer than normal today to fit in as much discussion as possible, the full initiation research report on QR National Ltd is available from your adviser.
Important Notice: Evans and Partners acted as co-manager in the initial public offering of QR National Ltd.
