Jefferies Sticks to Its Buy Rating for Atlas Arteria (MAQAF)

In a report released today, Anthony Moulder from Jefferies maintained a Buy rating on Atlas Arteria, with a price target of A$5.91. The company’s shares closed last Monday at $2.69.

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Moulder covers the Industrials sector, focusing on stocks such as Atlas Arteria, Aurizon Holdings, and Transurban Group. According to TipRanks, Moulder has an average return of 10.2% and a 66.67% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Atlas Arteria with a $3.53 average price target.

The company has a one-year high of $4.05 and a one-year low of $2.50. Currently, Atlas Arteria has an average volume of 250.

Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MAQAF in relation to earlier this year.