Brambles (BIL) Shares Recommendation

Citibank Investment Research (CIR) have initiated coverage for Brambles (BIL) with a Hold, Medium Risk recommendation. The broker notes that the company continues to look attractive on longer-term fundamentals but the recent improvement in the share price has pushed the stock close to our share price target.

Brambles Industries Limited is listed on the Australian Stock Exchange (ASX) under stock code BIL. You can view their investor website here. Citigroup recently had a rating for BIL. The principal activities this company is involved in are: Pallet and container pooling; information management; waste management and recycling; support services to heavy industries; dynamic storage rack services and specialised tank containers. Check your charts!