Toll Holdings (TOL) Shares Tip

Toll Holdings (TOL) have a Buy 2 Share Recommendation and an unchanged share price target of $18.20 from stock analyst UBS. Toll's proposal will see its proportionate EBITA effectively split in two. Its ports and rail businesses will account for roughly half each of the new Infrastructure Co. Toll's heritage Australian express, forwarding, logistics, and general transport businesses will make up 50% of the remaining entity; its 62% stake in Virgin Blue another 25%, and its Asian and NZ businesses the remaining 25%. In UBS' view this proposal makes financial sense, but it diverges from Toll's articulated strategy for acquiring Patrick and SembLog. Further, in giving up control of its infrastructure assets, Toll must feel comfortable that Infrastructure Co's separate management, and any potential acquirer, cannot marginalise Toll's remaining asset light operations. Toll Holdings was a winner of the week in 2006.

Toll Holdings Limited is listed on the Australian Stock Exchange (ASX) under stock code TOL. You can view their investor website here. TOL was listed on the ASX on 12 October, 1993. Toll Holdings is involved in local freight distribution; Interstate freight forwarding by road, rail and sea; Container packing and unpacking; Warehousing, storage and distribution; Stevedoring; Ports services; Shipping; Rail services. John Moule is the Chairman of Toll and Paul Little the CEO. Find out the meaning of the recommendations in this primer. Browse for other stockbroker recommendations. You can use Instalment Warrants to trade . Check your charts and good luck with your share trading!