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.
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TCL
transurban group
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$13.65

Citi Upgrades TCL to Buy from Neutral Wednesday, September 16,...
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Last
$13.65 |
Change
0.060(0.44%) |
Mkt cap ! $42.42B |
Open | High | Low | Value | Volume |
$13.62 | $13.70 | $13.56 | $43.67M | 3.201M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3914 | $13.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.66 | 2641 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2255 | 13.630 |
3 | 3238 | 13.600 |
1 | 1000 | 13.580 |
1 | 40 | 13.550 |
1 | 50 | 13.540 |
Price($) | Vol. | No. |
---|---|---|
13.690 | 200 | 1 |
13.700 | 464 | 2 |
13.730 | 7423 | 1 |
13.740 | 1000 | 1 |
13.780 | 4400 | 3 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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