Asciano Ltd (ASX: AIO)‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase in a research note issued on Monday. They currently have a $5.81 (6 AUD) price target on the stock.

Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Asciano Ltd in a research note to investors on Friday, October 26th. They now have a $6.13 price target on the stock.

Shares of Asciano Ltd traded down 1.77% during mid-day trading on Monday, hitting A$4.430. Asciano Ltd has a 52 week low of A$1.480 and a 52 week high of A$4.970. The company has a market cap of A$4.321 billion and a P/E ratio of 18.26.

Asciano Limited is a national rail freight and ports operator in Australia. The Company operates in four segments: Pacific National Coal, Pacific National Rail, Terminals & Logistics and Bulk & Automotive Port Services (BAPS).

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