MARKET TALK: GSJBW Prefers MAP, MCG In Infrastructure 20/11/05 09:07:00+
0907 [Dow Jones] STOCK CALL: Goldman Sachs JBWere retains preference among infrastructure stocks for Macquarie Airports (MAP.AU) and Macquarie Communications Infrastructure (MCG.AU) after making minor adjustments to currency forecasts, which don't change their views on any stocks in sector. Says despite expecting rising bond yields to "create a headwind" for sector, says some stocks already pricing these in. MAP an Outperform with valuation up to A$3.73 vs last A$3.14, MCG kept at Marketperform with valuation A$6.71 vs last A$5.73. (WEL)
