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…
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