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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Transurban Group    TCL   AU000000TCL6

TRANSURBAN GROUP

(TCL)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 01/15
12.84 AUD   -0.62%
2020TRANSURBAN GROUP : Ex-dividend day for interim dividend
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SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Morgan Stanley : rates TCL as Equal-weight

10/08/2020 | 09:31pm EST

Transurban Group's first-quarter average daily traffic was -25% versus last year but 0.3% ahead of Morgan Stanley estimate. Heavy vehicles were in line with the broker's forecast at circa 20% of total traffic.

On a geographical basis, traffic in Sydney and Brisbane was circa -2% below the broker's estimate, offset by the Melbourne Citylink which was about 9% ahead of its estimate.

The group flagged the potential introduction of equity partners into its Greater Washington DC business over the near-medium term, similar to the arrangements in both Queensland and NSW.

Morgan Stanley retains its Equal-weight rating. Target is unchanged at $14.88. Industry view: Cautious.

Sector: Transportation.

Target price is $14.88.Current Price is $13.88. Difference: $1.00 - (brackets indicate current price is over target). If TCL meets the Morgan Stanley target it will return approximately 7% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2020 Acquisdata Pty Ltd., source FN Arena

Stocks mentioned in the article
ChangeLast1st jan.
MORGAN STANLEY -1.61% 75.24 Delayed Quote.9.79%
TRANSURBAN GROUP -0.62% 12.84 End-of-day quote.-6.00%
All news about TRANSURBAN GROUP
2020TRANSURBAN GROUP : Ex-dividend day for interim dividend
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2020TRANSURBAN : Names New CFO
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Financials
Sales 2021 3 479 M 2 679 M 2 679 M
Net income 2021 -34,3 M -26,4 M -26,4 M
Net Debt 2021 19 903 M 15 329 M 15 329 M
P/E ratio 2021 -1 021x
Yield 2021 3,12%
Capitalization 35 137 M 27 120 M 27 063 M
EV / Sales 2021 15,8x
EV / Sales 2022 14,7x
Nbr of Employees 1 700
Free-Float 93,7%
Chart TRANSURBAN GROUP
Duration : Period :
Transurban Group Technical Analysis Chart | TCL | AU000000TCL6 | MarketScreener
Technical analysis trends TRANSURBAN GROUP
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 14,45 AUD
Last Close Price 12,84 AUD
Spread / Highest target 30,3%
Spread / Average Target 12,6%
Spread / Lowest Target -6,54%
EPS Revisions
Managers and Directors
NameTitle
Louis Scott Charlton Chief Executive Officer & Executive Director
Lindsay Philip Maxsted Chairman
Thomas Patrick McKay CFO, General Manager-Treasury & Capital Markets
Simon Moorfield Group Executive-Customer & Technology
Neil Gregory Chatfield Independent Non-Executive Director