In a report released today, from Macquarie maintained a Hold rating on Transurban Group, with a price target of A$14.55. The company’s shares closed last Monday at $9.65.
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In addition to Macquarie, Transurban Group also received a Hold from Jefferies’s Anthony Moulder in a report issued today. However, on the same day, Citi maintained a Buy rating on Transurban Group (Other OTC: TRAUF).
Based on Transurban Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.97 billion and a net profit of $180 million. In comparison, last year the company earned a revenue of $1.99 billion and had a net profit of $122 million
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