Transurban downgraded to Neutral from Buy at Citi

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Feb 04 2025

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Citi's Downgrade of Transurban: Citi has downgraded Transurban from Buy to Neutral, lowering the price target from A$14.20 to A$13.80 due to increasing risks and concerns about medium-term growth prospects.
Market Competition Concerns: The firm highlights challenges in both Australia and the competitive U.S. market, where other global infrastructure players are actively seeking acquisitions, impacting Transurban's growth potential.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.