The news out of Qantas ((QAN)) yesterday only serves to reinforce the broker’s Sell rating on Sydney Airport.
No changes to forecasts. Target unchanged at $5.87.
Sector: Transportation.
Target price is $5.87.Current Price is $5.46. Difference: $0.41 – (brackets indicate current price is over target). If SYD meets the Citi target it will return approximately 7% (excluding dividends, fees and charges – negative figures indicate an expected loss).
