Brambles Loses Bull on Share-Price Surge -- Market Talk

Dow Jones
2025/08/22

0036 GMT - Brambles loses its bull at Macquarie on the share-price surge that followed the pallet provider's annual profit announcement. The investment bank lowers its recommendation to neutral from outperform, with analysts telling clients that the company is executing well on strategy but that the stock looks fully valued. Writing in a note, they say that an uncertain macroeconomic backdrop highlights Brambles' defensive qualities but point out that their target price implies an enterprise value of 15.2 times fiscal 2027 EBIT. This is above the stock's 10-year average of 14.3 times EBIT. Target price rises 2.4% to A$25.20. Shares are down 0.9% at A$26.06. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

August 21, 2025 20:36 ET (00:36 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10