BOQ has been on the MM radar over recent months and just as the volatility unfolded post WBC’s report the Queensland based regional bank has retraced 12% to our initial target area. Like its peers it remains a nice yield play paying around 5% fully franked and although its no secret they need to spend on technology we like the stock at todays level where it screens significantly cheaper than both WBC and NAB.
MM is considering switching NAB to BOQ
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