Aussie Broadband's Challenges Reflected in Share Price -- Market Talk
Dow Jones
Jun 16
2345 GMT - Aussie Broadband's recent share-price drop has priced in the challenging subscriber growth environment facing the internet service provider, Jefferies analysts say. With an unchanged neutral rating on the stock, they tell clients in a note that competitive pressures are now reflected in the price. They think that risk now skews to the upside if Aussie Broadband can deliver on its FY 2028 ambitions, but aren't confident that it will. Jarden forecasts FY 2028 underlying Ebitda of A$243 million, which is 10% below the company's A$270 million ambition. Jarden keeps a target price of 5.50 Australian dollars on the stock, which is at A$5.27 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
June 15, 2026 19:45 ET (23:45 GMT)
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