Jefferies raises PT on Australia's Qube Holdings on reaffirmed outlook

Qube Holdings

01/05/2025 20:08

** Analysts at Jefferies raise price target on Qube Holdings QUB.AX to A$4.79 from A$4.64, keep "buy" rating

** The logistics co on Thursday reaffirmed that its FY25 underlying NPATA will increase by at least 5% despite weather disruptions in Western Australia and Brisbane

** Co adds it expects to remain unaffected by U.S.-imposed tariffs

** Six out of 13 analysts rate the stock "hold" while seven rate it "buy" or higher; their median PT stands at A$4.3 per share — data compiled by LSEG

** Stock last up 1.8% YTD

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com))