Austal Worth More Than Current Share Price After Sell-Off, Euroz Hartleys Says, Shares Up 4%

MT Newswires Live

Dec 19

Austal (ASX:ASB) has seen a sell-off after recent highs of around AU$8.59, but nothing on the ground has changed operationally, according to a Thursday Euroz Hartleys note.

The company on Thursday said it was awarded a AU$1.03 billion design and build contract for landing craft medium (LCM) vessels under the firm's strategic shipbuilding agreement with the Commonwealth of Australia.

Euroz Hartley believes that at full ramp-up, and with good execution, ASB shares are worth a "good deal" more than the current share price.

The research firm added that the fundamental investment case for ASB has firmed up further, with the resolution of T-ATS, financing arrangements finalized, and Australian Defense requirements firming up.

Euroz Hartleys maintained its buy rating and raised its price target to AU$7.71 from AU$6.57.

The company's shares rose 4% in recent Friday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2592139046"},"companyName":"Tiger Brokers"},"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:\"2592139046\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2592139046?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-19 10:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2592139046","market":"sh","top_or_hot":-1,"title":"Austal Worth More Than Current Share Price After Sell-Off, Euroz Hartleys Says, Shares Up 4%","media":"MT Newswires Live","content":"<html><body><p> Austal (ASX:ASB) has seen a sell-off after recent highs of around AU$8.59, but nothing on the ground has changed operationally, according to a Thursday <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys note.</p><p>The company on Thursday said it was awarded a AU$1.03 billion design and build contract for landing craft medium (LCM) vessels under the firm's strategic shipbuilding agreement with the Commonwealth of Australia.</p><p>Euroz Hartley believes that at full ramp-up, and with good execution, ASB shares are worth a \"good deal\" more than the current share price.</p><p>The research firm added that the fundamental investment case for ASB has firmed up further, with the resolution of T-ATS, financing arrangements finalized, and Australian Defense requirements firming up.</p><p>Euroz Hartleys maintained its buy rating and raised its price target to AU$7.71 from AU$6.57.</p><p>The company's shares rose 4% in recent Friday trade.</p></body></html>","source":"mtnewswires_news","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>Austal Worth More Than Current Share Price After Sell-Off, Euroz Hartleys Says, Shares Up 4%</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\">\nAustal Worth More Than Current Share Price After Sell-Off, Euroz Hartleys Says, Shares Up 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-19 10:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Austal (ASX:ASB) has seen a sell-off after recent highs of around AU$8.59, but nothing on the ground has changed operationally, according to a Thursday <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys note.</p><p>The company on Thursday said it was awarded a AU$1.03 billion design and build contract for landing craft medium (LCM) vessels under the firm's strategic shipbuilding agreement with the Commonwealth of Australia.</p><p>Euroz Hartley believes that at full ramp-up, and with good execution, ASB shares are worth a \"good deal\" more than the current share price.</p><p>The research firm added that the fundamental investment case for ASB has firmed up further, with the resolution of T-ATS, financing arrangements finalized, and Australian Defense requirements firming up.</p><p>Euroz Hartleys maintained its buy rating and raised its price target to AU$7.71 from AU$6.57.</p><p>The company's shares rose 4% in recent Friday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LCM.AU","symbol_name":"LOGICAMMS LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2592139046","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592139046","pubTimestamp":1766111246,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Austal  has seen a sell-off after recent highs of around AU$8.59, but nothing on the ground has changed operationally, according to a Thursday Euroz Hartleys note.The company on Thursday said it was awarded a AU$1.03 billion design and build contract for landing craft medium  vessels under the firm's strategic shipbuilding agreement with the Commonwealth of Australia.Euroz Hartley believes that at full ramp-up, and with good execution, ASB shares are worth a \"good deal\" more than the current share price.The research firm added that the fundamental investment case for ASB has firmed up further, with the resolution of T-ATS, financing arrangements finalized, and Australian Defense requirements firming up.Euroz Hartleys maintained its buy rating and raised its price target to AU$7.71 from AU$6.57.The company's shares rose 4% in recent Friday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LCM.AU":"LOGICAMMS LTD","ASB.AU":"AUSTAL LTD","BK7115":"航天航空与国防","LCM":"LCM成长基金"},"translate_title":"Euroz Hartleys表示，抛售后奥斯塔的价值超过当前股价，股价上涨4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LCM":1,"ASB.AU":1,"LCM.AU":1},"content_text":"Austal (ASX:ASB) has seen a sell-off after recent highs of around AU$8.59, but nothing on the ground has changed operationally, according to a Thursday Euroz Hartleys note.The company on Thursday said it was awarded a AU$1.03 billion design and build contract for landing craft medium (LCM) vessels under the firm's strategic shipbuilding agreement with the Commonwealth of Australia.Euroz Hartley believes that at full ramp-up, and with good execution, ASB shares are worth a \"good deal\" more than the current share price.The research firm added that the fundamental investment case for ASB has firmed up further, with the resolution of T-ATS, financing arrangements finalized, and Australian Defense requirements firming up.Euroz Hartleys maintained its buy rating and raised its price target to AU$7.71 from AU$6.57.The company's shares rose 4% in recent Friday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}