Citigroup analyst Samuel Seow maintained a Hold rating on Aurizon Holdings Ltd. (QRNNF – Research Report) today and set a price target of AUD3.81. The company’s shares closed last Thursday at $2.67.
Seow covers the Services sector, focusing on stocks such as Brambles Limited, Webjet Limited, and Corporate Travel Management Limited. According to TipRanks, Seow has an average return of -5.8% and a 44.68% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Aurizon Holdings Ltd. with a $2.68 average price target.
See today’s best-performing stocks on TipRanks >>
QRNNF market cap is currently $5.14B and has a P/E ratio of 9.40.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Aurizon Holdings Ltd. owns and operates coal rail networks, which provides customers with integrated freight and logistics solutions across national rail and road network, traversing Australia. It operates through the following segments: Network, Coal, Bulk, and Other. The Network segment engages in the provision of access and operation and management of the Central Queensland Coal Network. The Coal segment transports coal from mines in Queensland and New South Wales to end customers and ports. The Bulk segment deals with bulk mineral commodities, agricultural products, mining and industrial inputs, and general freight throughout Queensland and Western Australia. The Other segment includes provision of maintenance services to internal and external customers and central costs not allocated. The company was founded on September 14, 2010 and is headquartered in Fortitude Valley, Australia.
Read More on QRNNF:
- Morgan Stanley upgrades Incitec Pivot Limited (ICPVF) to a Buy
- Macquarie Sticks to Their Buy Rating for Santos Limited (STOSF)
- Citigroup Sticks to Their Hold Rating for Ramsay Health Care (RMSYF)
- Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Ingersoll Rand (IR), Cactus (WHD) and Aris Water Solutions (ARIS)
- Analysts Offer Insights on Financial Companies: Allstate (ALL), IGM Financial (OtherIGIFF) and CareTrust REIT (CTRE)
