Business
Is Transurban’s (ASX:TCL) share price 18% undervalued? – Motley Fool Australia
Why a ‘return to normal’ should see Transurban’s share price gain 18% from today’s levels. And it could gain far more…
The Transurban Group(ASX: TCL) share price was down 0.5% at close of trade today.
That’s broadly in line with the wider market moves, which saw the S&P/ASX 200 Index (ASX: XJO) fall 0.3% by the closing bell.
Still, October’s been a good month for Transurban shareholders, with the share price up 6.2% so far this month. Following the massive COVID-19 driven sell-off in March, year-to-date the share price remains down 6.5%.
So why do I think the Transurban share price is undervalued by at l…
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