Transurban Group (TRAUF) Gets a Hold from RBC Capital
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Owen Birrell maintained a Hold rating on Transurban Group (TCL.AU) with an A$14.25 price target in a report released August 31. This follows Morgan Stanley's similar Hold rating and A$14.68 target. The broader market consensus for Transurban is a Moderate Sell, with an average price target of A$13.82, implying a -3.36% downside from the recent close of A$14.30.
In a report released on August 31, Owen Birrell from RBC Capital maintained a Hold rating on Transurban Group, with a price target of A$14.25. The company’s shares closed last Monday at A$14.30.
Birrell covers the Industrials sector, focusing on stocks such as Brambles , Qantas Airways Limited, and Virgin Australia Holdings Limited. According to TipRanks, Birrell has an average return of 8.6% and a 58.05% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Transurban Group with a A$13.82 average price target, which is a -3.36% downside from current levels. In a report released on August 31, Morgan Stanley also maintained a Hold rating on the stock with a A$14.68 price target.