Equity Analysis /
Australia

AU : Atlas Arteria - Moderating

    Nathan Lead
    Nathan Lead

    Senior Analyst - Infrastructure & Utilities

    CGS-CIMB
    26 March 2022
    Published by

    Rating downgraded from ADD to HOLD given compression in potential returns. Moderated expected growth in DPS given modelling changes and upward surge in AUDEUR. Likewise, 12-month target price reduced from $6.69 to $6.41ps.