Report
Gareth James
EUR 101.80 For Business Accounts Only

Ceasing Coverage of Cabcharge

We intend to cease coverage of no-moat-rated Cabcharge in two months’ time on March 24, 2018. Our decision to cease coverage is based on the company’s poor earnings outlook, weak competitive position, and the increasingly competitive Australian taxi market. We’ve long held a bearish view on the stock and we see little reason to change this view anytime soon. The current market capitalisation of AUD 235 million also means the stock is well outside the S&P/ASX 200 Index resulting in lower liqu...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Gareth James

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