Jefferies cheers Aurizon's BHP contract but says market seeks customer resolution
16/06/2025 21:44
** Jefferies says Australian rail freight operator Aurizon's AZJ.AX long-term contract from BHP BHP.AX, the world's largest miner, enhances contract quality and divisional growth profile ** But the brokerage says market seeks resolution on three customers in administration and a clear path to breakeven for the Intermodal business ** Maintains 'buy' rating at price target of A$3.79 ** AZJ is down 4.6% YTD (Reporting by Kumar Tanishk in Bengaluru) ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
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