Morgan Stanley upgrades Australia's Qube to 'overweight'

Qube Holdings

13/10/2025 24:47

** Analysts at Morgan Stanley upgrade Australia's Qube Holdings QUB.AX to "overweight" from "equal-weight", raise price target to A$4.50 from A$4.40

** Shares of logistics services provider Qube Holdings up 1.4% at A$4.23

** Morgan Stanley expects 12% adjusted EPS growth for QUB in FY26, largely due to logistics and infrastructure division tailwinds in containers, autos, agri and energy

** Brokerage says momentary headwinds in co's resources segment are well appreciated by market

** Seven out of 13 analysts covering the stock rate it "hold" and three "buy" and three "strong buy"; median PT A$4.60 - data compiled by LSEG

** QUB up 6.6%, YTD

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))