UBSLifts MAP FY05 Payout RateWednesday, March 30, 2005 7:33:13...

UBS
Lifts MAP FY05 Payout Rate

Wednesday, March 30, 2005 7:33:13 PM ET

Dow Jones Newswires



0930 [Dow Jones] STOCK CALL: UBS retains Buy recommendation, 12 month price target of A$4.00 on Macquarie Airports (MAP.AU), last at A$3.23, after annual meeting commentary. Raises FY05 distribution forecast to 19 cents from 17 cents and expects news on A$160 million equity placement to part pay for Copenhagen Airport "in the next few months." (WEL)



Contact us in Sydney. 61 2 8235 2950; 

[email protected] 



(END) Dow Jones Newswires



March 30, 2005 18:30 ET (23:30 GMT)





GSJBW
Raises MAP Valuation

Wednesday, April 20, 2005 7:48:10 PM ET

Dow Jones Newswires



0936 [Dow Jones] STOCK CALL: Goldman Sachs JBWere says Macquarie Airports (MAP.AU) Sydney Airport 3Q result slightly above expectations due to stronger aeronautical security recovery than anticipated, and adds earnings outlook for Sydney Airport remains solid. Broker says key short term risk is outcome of Virgin Blue (VBA.AU) dispute over price monitoring with decision expected by MAP shortly. GSJBW raises Sydney Airport valuation by 0.6% and lifts MAP valuation to A$3.32 from A$3.30 as result; keeps Outperform/Buy recommendation. MAP last A$3.18. (MKN)



Contact us in Sydney. 61 2 8235 2950; 

[email protected] 



(END) Dow Jones Newswires



April 20, 2005 19:36 ET (23:36 GMT)