Brambles Bull Sees Capacity for Additional Buybacks

Dow Jones
08/20

0106 GMT - Brambles' bull at Citi sees the CHEP pallet operator maintaining sufficient capacity for further share buybacks. Analyst Samuel Seow points out that the Australia-listed company's guidance for fiscal 2027 free cash flow of between US$800 million and US$950 million includes additional investments in new pallets and plant capacity. The drag on fiscal 2026 profit from repair capacity constraints was larger than Brambles and Citi anticipated, but Seow thinks investors with a longer-term view of the stock will welcome the improved clarity on the timing of the operational recovery. Citi has a last-published buy rating on the stock and a target price of 22.80 Australian dollars. Shares are down 5.5% at A$18.40.

 

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