Credit Suisse Group Upgrades Transurban Group (OTCMKTS:TRAUF) to Outperform

Credit Suisse Group upgraded shares of Transurban Group (OTCMKTS:TRAUF) from a neutral rating to an outperform rating in a research report sent to investors on Tuesday morning, The Fly reports. The brokerage currently has $15.10 target price on the stock.

Shares of OTCMKTS TRAUF opened at $10.39 on Tuesday. The company has a 50 day simple moving average of $10.27 and a 200 day simple moving average of $10.51. Transurban Group has a 1 year low of $9.20 and a 1 year high of $11.44.

Transurban Group Company Profile

Transurban Group Ltd. engages in the development, operation and maintenance of toll roads. It operates through the following geographical segments: Melbourne, Sydney and Brisbane in Australia and North America. The company was founded in 1996 and is headquartered in Docklands, Australia.

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