Citi hikes PT for Australia's Superloop on FY25 forecast upgrade
ReutersJun 30, 2025 10:17 PM
Citi upbeat on Superloop's SLC.AX FY25 underlying earnings before taxation, depreciation and amortisation forecast upgrade
Says company's disciplined approach to cost management has helped in upgrading forecast
"Continue to think that SLC could be in for a year of progressive guidance upgrades" - Citi
Maintains "buy" rating and increases PT to A$3.55 apiece
Seven of eight analysts rate the stock "buy" or higher, one rates "sell" or lower; their median PT is A$2.72, according to data compiled by LSEG
SLC has gained 37.4% so far this year
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