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.
- Forums
- ASX - By Stock
- target raised
TCL
transurban group
Add to My Watchlist
0.59%
!
$13.65

Citi Upgrades TCL to Buy from Neutral Wednesday, September 16,...
Featured News
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.
|
|||||
Last
$13.65 |
Change
0.080(0.59%) |
Mkt cap ! $42.42B |
Open | High | Low | Value | Volume |
$13.56 | $13.71 | $13.48 | $58.84M | 4.312M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300 | $13.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.66 | 2110 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 13.640 |
2 | 24090 | 13.630 |
1 | 1000 | 13.620 |
1 | 2000 | 13.610 |
1 | 300 | 13.600 |
Price($) | Vol. | No. |
---|---|---|
13.700 | 3938 | 2 |
13.720 | 23746 | 4 |
13.730 | 7500 | 1 |
13.780 | 1000 | 1 |
13.790 | 3021 | 3 |
Last trade - 16.13pm 23/07/2025 (20 minute delay) ? |
Featured News
TCL (ASX) Chart |