SGH Bull Remains Positive Despite FX Headwind

Dow Jones
08/12

0012 GMT - Any weakness in SGH shares is an opportunity to buy, according to Morgan Stanley analysts Joseph Michael and Julianna Sick, who view FY27 as "a transition year, not a thesis break." Shares in the ASX-listed industrial conglomerate fell by more than 10% Tuesday after below-consensus FY27 guidance. The MS analysts say an FX headwind masks stronger underlying growth and that their positive thesis is unchanged. "SGH remains a high-quality industrial compounder with privileged assets and direct exposure to Australia's structural capex cycle," they say. MS trims its target on the stock to 48.00 Australian dollars a share from A$49.00/share but keeps an overweight rating. Shares are up 1.1% at A$42.03.

 

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