To begin the week, we initiate coverage of Spotless Group Holdings (SPO:ASX) with a Buy recommendation
To begin the week, we initiate coverage of Spotless Group Holdings (SPO:ASX) with a Buy recommendation. Summary of the key financials - we forecast EPS growth of 32% in FY15, a PE ratio of 13.5x, dividend yield of 4.8% and a nil or low franking rate of around 10%.
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