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AZJ - Aurizon Holdings News Story

A$3.33 0.0  0.0%

Last Trade - 03/12/21

Sector
Industrials
Size
Large Cap
Market Cap £3.27bn
Enterprise Value £5.25bn
Revenue £1.60bn
Position in Universe 95th / 1948

BUZZ-Jefferies bullish on Australia's Aurizon as coal prices surge

Tue 12th October, 2021 8:57pm
** Brokerage Jefferies says Australian freight trains and
logistics co Aurizon Holdings Ltd  AZJ.AX  is "on track for
decades of stable cash flows"
    ** Says surge in coal prices is positive for the volume
outlook, referring to its coal-transporting freight trains 
    ** Brokerage sees scope for tonnages to grow above forecast
rates as production is increased amid record coal prices
    ** Retains price target of A$5.23 and "buy" rating 
    ** Aurizon closed 0.52% up at A$3.9 on Tuesday
    ** Six of eleven analysts rate the stock "buy" or higher,
four "hold" and one "sell"; median PT is A$4.31 – Refinitiv
Eikon data 
    ** AZJ flat so far this year, as of Tuesday's close

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))
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