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MMA Offshore has 'downside risk'

Elise ShawMarkets Online Editor

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Hartleys maintains a "reduce" recommendation on MMA Offshore (MRM) with a new 12-month target price of 16¢ a share, from 46¢.

MMA Offshore (MRM) has released a negative trading update to the market.

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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.

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    Original URL: https://www.afr.com/markets/equity-markets/mma-offshore-has-downside-risk-20151116-gkzwmc