BUZZ-Brokerages positive on Australia's ALS after upbeat half-year results

Reuters
2025/11/19
BUZZ-Brokerages positive on Australia's ALS after upbeat half-year results

** Citi upgrades target price on ALS Ltd ALQ.AX to A$23.8 from A$19.45, maintains "buy" tag

** Laboratory testing services provider on Tuesday reported a 17.2% jump in underlying NPAT to A$178.4 million for HY

** Citi says co's commodities segment surprised on the upside with sample volumes up "low double-digit" compared to last year

** Says co's revised forecast of 12% to 14% organic revenue growth for commodities division appears conservative; brokerage estimates 15% growth

** Macquarie hikes EPS estimates for ALS by 6% to 7% for fiscals 2027, 2028 and 2029 each

** Says stock has had a "strong run and multiple", but should be supported by co's strong earnings growth profile which is above market and global peers

** Brokerage retains "outperform" rating, target price A$22.85

** Stock up 38.4% YTD, as of last close

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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