Deutsche Bank cut Mermaid Marine (MRM) to a ‘hold’ recommendation and dropped the target price to $1.50 a share.
“MRM’s first-half 2014-15 result reflected reasonable conditions in the Australian Vessel segment, given the committed work under way," Deutsche Bank said.
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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.
