Business
Where next for the Sydney Airport (ASX:SYD) share price?
It has certainly been a tough 12 months for the Sydney Airport Holdings Pty Ltd (ASX: SYD) share price.
With travel markets impacted greatly by the pandemic, the airport operator’s shares have fallen heavily.
Since this time last year, the Sydney Airport share price has lost approximately 25% of its value.
Is this a buying opportunity?
One broker that believes this is a buying opportunity for investors is Goldman Sachs.
In response to its full year results release this week, the broker has reaffirmed its buy rating and $6.73 price target.
Based on the current Sydney Airport share price, this price target implies potential upside of approximately 11% over the next 12 months.
And with Goldman predicting that the company could start…
-
General13 hours agoToni Lamond, known for her roles in Annie Get Your Gun and My Fair Lady, dies aged 93
-
Business24 hours ago1 Australian stock you’ll probably kick yourself for not owning a decade from now
-
General24 hours agoTrolls stole Dr Juliet Turner’s joy and in doing so took their own
-
Noosa News24 hours agoUnsettled weekend ahead in south-east Queensland, with ‘pretty much nowhere’ without chance of thunderstorms
