Hastings Diversified Utilities Fund (HDF) Stock Recommendation

SB Citigroup have rated the Hastings Diversified Utilities Fund (HDF) stock as a Hold, High Risk with a share price target higher at $2.85 (from $2.80). Meanwhile UBS has a Neutral 2 recommendation with a share price target of $2.85. The result was solid in the stockbroker's eyes, however the trading price of the stock at around $2.85 is close to its target which determined their stock recommendation.

Hastings Diversified Utilities Fund is listed on the Australian Stock Exchange (ASX) under stock code HDF. You can view their investor website here. The company is involved in investment in infrastructure assets. The Hastings Diversified Utilities Fund was listed on the ASX on 13 December, 2004. Find out the meaning of the recommendations in this primer. Browse for other broker recommendations. Check your charts and good luck with your share trading!