Transurban Group Stock Rating Reaffirmed by E.L. & C. Baillieu (TCL)
Transurban Group (ASX: TCL)‘s stock had its “buy” rating reaffirmed by E.L. & C. Baillieu in a research note issued on Monday. They currently have a $6.47 (6 AUD) price target on the stock.
A number of other analysts have also recently weighed in on TCL. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Transurban Group in a research note to investors on Friday. They now have a $6.41 price target on the stock. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of Transurban Group in a research note to investors on Wednesday, December 5th. They now have a $6.46 price target on the stock. Finally, analysts at CIMB reiterated an “outperform” rating on shares of Transurban Group in a research note to investors on Wednesday, November 14th. They now have a $6.71 price target on the stock.
Shares of Transurban Group traded up 0.16% during mid-day trading on Monday, hitting A$6.320. Transurban Group has a one year low of A$5.320 and a one year high of A$6.245. The company has a market cap of A$9.217 billion and a P/E ratio of 166.32.
Transurban Group is engaged in the business of development, operation and maintenance of toll roads. The Company has three geographic segments: Victoria, Australia; New South Wales, Australia and the United States of America (USA).
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