Citi raises PT on Australia's Dalrymple Bay Infrastructure

Dalrymple Bay Infrastructure

20/05/2026 21:16

** Citi increases valuation on Dalrymple Bay Infrastructure DBI.AX to A$6.10, retains "buy" rating

** Infrastructure firm forecast distribution of 28.62 AU cents per share on Wednesday for year commencing July 1, 8.5% rise over last year

** Company declares Q1 distribution of 6.750 Australian cents per share, in line with prior forecast

** Brokerage sees DBI as a good stock for the uncertain environment

** Six of 8 analysts rate the stock "buy" or higher and 2 "hold"; median PT is A$5.63 – data compiled by LSEG

** Shares up 9.6% YTD

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))