Morgan Stanley Sticks to Their Sell Rating for Aurizon Holdings (QRNNF)

Morgan Stanley maintained a Sell rating on Aurizon Holdings (QRNNF), setting a price target of A$3.51, according to a note referenced in the report. The coverage highlights that analyst Robert Koh is rated as a 2-star contributor on TipRanks, with an average return of 1.0% and a 59.20% success rate. In addition to Morgan Stanley, the stock has also received a Sell from Morgans’s Nathan Lead in a report dated July 13. However, RBC Capital kept a Hold rating on Aurizon on July 16. Aurizon’s reported one-year trading range is A$4.42 at the high and A$3.12 at the low, and the company’s average trading volume is listed at 6.1M.