Saturday, December 26, 2009

FPH (First Philippine Holdings Corporation)

FPH is one of my favorite stocks right now. MACD is showing an uptrend, RSI is at 32, estimate 2009 P/E ratio might be 10 based from its current price and my TP is 65. Along with other analyst, such as COL's TP is 75, Deutsche's TP is 60 and UBS selected FPH as one of their pick stock for 2010.

Recommendation: Buy this stock.

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