Equity Analysis /
Australia

AU : Cleanaway Waste Management - Deep dive session: Strategic infrastructure growth

    Nathan Lead
    Nathan Lead

    Senior Analyst - Infrastructure & Utilities

    CGS-CIMB
    9 June 2022
    Published by

    In this note we summarise our key take-outs from CWY’s deep dive session. HOLD recommendation retained, given limited potential return at current prices. 12-month target price reduced 8 cps to $2.79, as a result of higher corporate costs.