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Asciano (ASX:AIO)‘s stock had its “buy” rating reaffirmed by Deutsche Bank in a research note issued on Sunday. They currently have a $6.50 target price on the stock.

Shares of Asciano (ASX:AIO) opened at 5.670 on Friday. Asciano has a 52 week low of A$4.570 and a 52 week high of A$6.230. The stock’s 50-day moving average is A$5.43 and its 200-day moving average is A$5.58. The company has a market cap of A$5.528 billion and a price-to-earnings ratio of 16.83.

Asciano Limited is a national rail freight and ports operator in Australia. The Company operates in four segments: Pacific National Coal, Pacific National Rail, Terminals & Logistics and Bulk & Automotive Port Services (ASX:AIO).

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