Escolar Documentos
Profissional Documentos
Cultura Documentos
Tomkins’ common stock price has declined significantly since our last update report
Common HOLD The Tomkins PLC (Tomkins) common stock price has declined significantly since our last update report
Directgeneral
reflecting access to thein full
weakness equityreport
markets free of charge
worldwide, at of significant weakness in the
and concerns
Stock construction and housing end-markets in the areas to which the company is most exposed. Although
Ticker: TOMK.L
http://www.iirgroup.com/researchoracle/viewreport/show/20182
the current price level no longer supports our HOLD rating, we do not anticipate a change in our rating,
primarily as a consequence of the company’s significant exposure to the US market.
Target price: GBp186.82
Current price: GBp132.50
Price change since (24.8%) We will reassess the common stock rating for Tomkins after the company announces its 1H 08 results
last report: on 31 July 2008
ADR BUY As we continue to anticipate a significant positive currency impact on the ADR over the long term, we
do not anticipate a change in our current ADR rating.
Ticker: TKS
Target price: US$16.66
Current price: US$10.54
Price change since (25.6%) We will reassess the ADR (1 ADR = 4 common shares) after the company announces its 1H 08 results
last report: on 31 July 2008
Page 1