Adelaide Brighton (ABC) | Construction exposure with yield - Easy as ABC | We rate ABC as a Quant BUY with $3.85 Quant Target Price (QTP)

Adelaide Brighton (ABC) | Construction exposure with yield - Easy as ABC | We rate ABC as a Quant BUY with $3.85 Quant Target Price (QTP). ABC is an integrated construction group with quality management that has a track record of delivering. ABC is now trading below long term fair value with over 5% fully franked yield outlook, after recent pullback with the market. ABC's growth outlook is relatively low compared to its historical trend and will only improve with better domestic economy and government infrastructure projects coming online. ABC is expected to deliver a fully franked yield of 5.5%, 12.7 PE, EPS growth of 6.1% with improving ROE in 2015. (VIEW LINK)