Bank of America Merrill Lynch maintained a "buy" Russian Aluminum

After met with the Russian aluminum 00486,the management of Bank of America Merrill Lynch  issued a report that compared to aluminum in the industry, the Russian aluminum has an excellent value, if the spot aluminum is about 1 U.S. dollars per pound basis, the bank's forecast of this year and  next year, each Shares earnings estimates would need to rise about 45%, while in 2011  eight times the  price-earnings ratio will fall.

The bank maintained the Russian Aluminum "buy" rating, target price of 10.8 yuan. (wr / w)