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Vita Group (VTG)

Baillieu Holst has moved to a “hold “ on Vita Group and a price target of $1.15 a share after the electronics and telecommunications retailer released a plan to pay special dividends over coming years.

Elise ShawMarkets Online Editor
Updated

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Josh Kannourakis, analyst at Baillieu Holst, has moved to a “hold “ on Vita Group and a price target of $1.15 a share after the electronics and telecommunications retailer released a plan to pay special dividends over coming years.

“We move to a hold recommendation as a result of strong share-price appreciation since our initiation in March 2014.

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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/vita-group-vtg-20141030-11e0hs