Morningstar cuts fair value estimate for Australia's Ampol on Strait of Hormuz blockade

Ampol

25/03/2026 18:43

** Analysts at Morningstar cut fair value estimate for Australian fuel retailer Ampol ALD.AX by 1% to A$29.40

** Move reflects higher crude prices weighing on refined fuel demand after Strait of Hormuz disruption

** Morningstar says Ampol's earnings profile continues to shift toward its retail and marketing segments, reducing reliance on more volatile refining business

** Investment research firm raises its 2026 earnings per share forecast by 34% to A$2.44, but cut its 2027 EPS estimate by 10% to A$2.04

** Eight of nine analysts rate the stock "buy" or higher, one "hold"; their median PT is A$34.50, according to data compiled by LSEG

** Stock has risen 3.4% this year, as of last close

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))