Jefferies lifts Brambles stock target, maintains hold rating

Published 20/02/2025, 14:40
Jefferies lifts Brambles stock target, maintains hold rating

On Thursday, Jefferies analyst firm adjusted its outlook on Brambles Ltd. (BXB:AU) (OTC: BXBLY), a $17.5 billion market cap company, raising the price target to AUD17.75 from the previous target of AUD17.43, while keeping a Hold rating on the shares. The revision followed Brambles’ first-half 2025 financial results, which surpassed expectations but stayed within the forecast ranges for revenue and EBIT provided by the company for the full fiscal year 2025. According to InvestingPro analysis, the stock is currently trading near its Fair Value.

The company’s stronger than anticipated free cash flow (FCF) guidance was particularly noted, as it includes cost savings and benefits from some capital expenditure deferrals. With a healthy gross profit margin of 35% and revenue growth of 2.3%, the company maintains solid financial metrics. Despite the positive aspects of the financial report, the unchanged full-year guidance suggests a cautious outlook.

Brambles’ performance in the first half of 2025 was characterized by stronger financial metrics, which were well-received by the market. The company’s focus is now shifting towards growing organic volumes through deepening relationships with existing customers and securing new business wins, amidst a backdrop where the benefits of previous pricing strategies are beginning to normalize.

The Jefferies analyst highlighted the importance of these organic growth strategies in the context of the company’s financial health. This emphasis on volume growth with current and new clients is seen as a critical factor for Brambles’ ongoing success in a competitive market.

While the price target increase reflects a slightly more optimistic view of Brambles’ valuation, the decision by Jefferies to maintain a Hold rating indicates a view that the stock is currently valued appropriately, considering the information available. InvestingPro data reveals that Brambles has maintained dividend payments for 33 consecutive years and generally trades with low price volatility. Brambles’ stock price will continue to be monitored by investors as the company strives to execute its growth strategies in the coming periods. For deeper insights and access to 8 additional ProTips about Brambles, visit InvestingPro.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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