Wednesday, August 31, 2005 8:32:33 PM ET Dow Jones Newswires
1018 [Dow Jones] STOCK CALL: ABN Amro keeps Macquarie Infrastructure Group (MIG.AU) at add; lifts valuation and price target to A$4.65 from A$4.50 on acquisition of Dulles Greenway toll road in U.S. Says investment has cash yield of 5% pa for first five years, rising to 8% in first 10 years, based on risk free rate of 4.25% and risk premium of 4.00%. Notes risks include traffic growth and toll increases being lower than projections, as well as interest rates and inflation being higher. MIG last at A$3.89. (DWR)
MIG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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