$4 valuation by citigroup, page-2

MAP May Sell Rome Airport Stake - Citigroup

1108 [Dow Jones] STOCK CALL: Citigroup suggests periodical review of assets could see Macquarie Airports (MAP.AU) put non-controlling interest in underperforming Rome airport on block. "With a potential catalyst in the stock in the form of a likely 50 cents per share capital return from the sale of its interest in Rome Airport, and attractive distribution yield of 7.1%pa, we view MAP as an attractive investment," broker says. Keeps stock at buy, raises target to A$4.00 from A$3.90. MAP down 2 cents at A$3.23. (LMF)