Auckland Airport Has Edge Over Transurban In Infrastructure Stocks -- Market Talk

Dow Jones

2025/11/21

2221 GMT - Auckland International Airport has the edge over Australia-listed tollroad owner Transurban for investors seeking to invest in local infrastructure stocks, according to Jefferies. Auckland Airport is trading on an enterprise value-to-Ebitda multiple of 19.8x. That's below Transurban's multiple of 21.5x. "The inverse correlation with interest rates suggests potential for multiple expansion as monetary policy eases, and passenger growth returns," analyst Amit Kanwatia says. Jefferies has a hold call on Auckland Airport, and raises its price target by 7.6% to NZ$8.50/share. Auckland Airport is down 0.6% at NZ$7.75 today. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

November 20, 2025 17:22 ET (22:22 GMT)

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

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2585163964"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2585163964\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2585163964?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-21 06:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2585163964","market":"nz","top_or_hot":-1,"title":"Auckland Airport Has Edge Over Transurban In Infrastructure Stocks -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2221 GMT - Auckland International Airport has the edge over Australia-listed tollroad owner Transurban for investors seeking to invest in local infrastructure stocks, according to Jefferies. Auckland Airport is trading on an enterprise value-to-Ebitda multiple of 19.8x. That's below Transurban's multiple of 21.5x. \"The inverse correlation with interest rates suggests potential for multiple expansion as monetary policy eases, and passenger growth returns,\" analyst Amit Kanwatia says. Jefferies has a hold call on Auckland Airport, and raises its price target by 7.6% to NZ$8.50/share. Auckland Airport is down 0.6% at NZ$7.75 today. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 20, 2025 17:22 ET (22:22 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Auckland Airport Has Edge Over Transurban In Infrastructure Stocks -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAuckland Airport Has Edge Over Transurban In Infrastructure Stocks -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-21 06:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2221 GMT - Auckland International Airport has the edge over Australia-listed tollroad owner Transurban for investors seeking to invest in local infrastructure stocks, according to Jefferies. Auckland Airport is trading on an enterprise value-to-Ebitda multiple of 19.8x. That's below Transurban's multiple of 21.5x. \"The inverse correlation with interest rates suggests potential for multiple expansion as monetary policy eases, and passenger growth returns,\" analyst Amit Kanwatia says. Jefferies has a hold call on Auckland Airport, and raises its price target by 7.6% to NZ$8.50/share. Auckland Airport is down 0.6% at NZ$7.75 today. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 20, 2025 17:22 ET (22:22 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7090","symbol_name":"公路与铁路","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2585163964","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585163964","pubTimestamp":1763677320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2221 GMT - Auckland International Airport has the edge over Australia-listed tollroad owner Transurban for investors seeking to invest in local infrastructure stocks, according to Jefferies. Auckland Airport is trading on an enterprise value-to-Ebitda multiple of 19.8x. That's below Transurban's multiple of 21.5x. \"The inverse correlation with interest rates suggests potential for multiple expansion as monetary policy eases, and passenger growth returns,\" analyst Amit Kanwatia says. Jefferies has a hold call on Auckland Airport, and raises its price target by 7.6% to NZ$8.50/share. Auckland Airport is down 0.6% at NZ$7.75 today. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7090":"公路与铁路","AIA.AU":"AUCKLAND INTL AIRPORT LTD","TCL.AU":"TRANSURBAN GROUP","BK8045":"机场服务","AIA.NZ":"Auckland International Airport Limited Ordinary Shares","BK7102":"机场服务"},"translate_title":"奥克兰机场在基础设施股方面比Transurban更具优势——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIA.AU":0.9,"TCL.AU":0.9,"AIA.NZ":1.5},"content_text":"2221 GMT - Auckland International Airport has the edge over Australia-listed tollroad owner Transurban for investors seeking to invest in local infrastructure stocks, according to Jefferies. Auckland Airport is trading on an enterprise value-to-Ebitda multiple of 19.8x. That's below Transurban's multiple of 21.5x. \"The inverse correlation with interest rates suggests potential for multiple expansion as monetary policy eases, and passenger growth returns,\" analyst Amit Kanwatia says. Jefferies has a hold call on Auckland Airport, and raises its price target by 7.6% to NZ$8.50/share. Auckland Airport is down 0.6% at NZ$7.75 today. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 20, 2025 17:22 ET (22:22 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}