Australia's Aurizon rises to over 10-month high; Macquarie lifts PT and upgrades to 'outperform'

Aurizon Holdings

20/10/2025 01:50

** Shares of Australia's Aurizon Holdings AZJ.AX gain 1.5% to A$3.4, their highest point since early-December 2024

** Analysts at Macquarie raise PT to A$3.70 from A$3.34; upgrades stock recommendation to "outperform" from "neutral"

** Brokerage flags that though the new chair decision has been pushed back to the coming months, the change has been reiterated

** We see this blending into the second decision around whether to partially sell the network business, which is likely to be made under the new chair - Macquarie

** Adds that change of chair will potentially see strategy revision to address the core issue, inconsistent above rail growth

** Stock up 4.5%, YTD

 (Reporting by Rishav Chatterjee in Bengaluru)

 ((Rishav.Chatterjee@thomsonreuters.com))