target raised, page-8

  1. 1,047 Posts.
    Citi Upgrades TCL to Buy from Neutral

    Wednesday, September 16, 2015 - 14:31

    Transurban has not escaped the broad market sell-off and Citi's expected total return has risen to 15.7% on the weaker share price. This triggers an upgrade to Buy.

    Transurban is exposed to defensive assets in a tough macro environment and offers an attractive yield and distribution growth, Citi notes, along with a pipeline of growth options. Target unchanged at $10.56.

    Target price is $10.56 Current Price is $9.51 Difference: $1.05

    If TCL meets the Citi target it will return approximately 11% (excluding dividends, fees and charges).

    The company's fiscal year ends in June. Citi forecasts a full year FY16 dividend of 44.50 cents and EPS of 19.10 cents. At the last closing share price the estimated dividend yield is 4.68%.

    At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 49.79.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$13.57
Change
-0.060(0.44%)
Mkt cap ! $42.18B
Open High Low Value Volume
$13.61 $13.67 $13.49 $69.93M 5.156M

Buyers (Bids)

No. Vol. Price($)
1 2056 $13.56
 

Sellers (Offers)

Price($) Vol. No.
$13.58 1000 1
View Market Depth
Last trade - 16.19pm 22/07/2025 (20 minute delay) ?
TCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.