UBS Reaffirms Their Buy Rating on Transurban Group Ltd. (TRAUF)

In a report released today, Andre Fromyhr from UBS maintained a Buy rating on Transurban Group Ltd. (TRAUFResearch Report), with a price target of A$14.66. The company’s shares closed last Friday at $10.23.

Fromyhr covers the Industrial Goods sector, focusing on stocks such as Aurizon Holdings Ltd., Qantas Airways Limited, and Transurban Group Ltd.. According to TipRanks, Fromyhr has an average return of -2.0% and a 35.71% success rate on recommended stocks.

Currently, the analyst consensus on Transurban Group Ltd. is a Moderate Buy with an average price target of $10.02.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $11.31 and a one-year low of $8.50. Currently, Transurban Group Ltd. has an average volume of 2,958.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA and Montreal, Canada. The weighted average concession life across the portfolio is close to 30 years. Australian assets contribute around 90% of proportional revenue.

Read More on TRAUF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More