Updated view on AZJ

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Question asked 18/06/2021

Updated view on AZJ

Hi James,

I am finding your Webcasts informative in the detail and helps form a view of the stocks reviewed. I would be grateful for your thoughts on Aurizon, particularly the short term. outlook and if it represents a Buying opportunity with such a High Yield of 7.0%.

Richard O.

Answer

Hi Richard,

Aurizon (AZJ) is currently forecast to yield over 7% which is clearly attractive in today’s economic environment however the capital deprecation by the shares over the last 1 ½ years unfortunately has more than offset that yield. MM likes AZJ under $4 but importantly we feel this is an aggressive play having observed the stock’s decline in recent times.

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Aurizon Holdings (AZJ)

LAST UPDATED 18/06/2021 20:39

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