JPMorgan Chase Reaffirms Overweight Rating on Asciano Ltd (AIO)
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).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.