{"id":6573,"date":"2025-07-19T19:08:08","date_gmt":"2025-07-19T19:08:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/6573\/"},"modified":"2025-07-19T19:08:08","modified_gmt":"2025-07-19T19:08:08","slug":"macquarie-tips-15-upside-for-this-asx-200-industrials-stock","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/6573\/","title":{"rendered":"Macquarie tips 15% upside for this ASX 200 industrials stock"},"content":{"rendered":"

\"A<\/p>\n

Image source: Getty Images<\/p>\n

Across the pond in New Zealand, the nation’s government recently cast a shadow over some businesses operating in the transportation sector. <\/p>\n

More specifically, the Ministry of Business Innovation and Employment (MBIE) has been conducting a review of airport regulation services in the country.<\/p>\n

But what on earth has this got to do with the ASX?<\/p>\n

As it turns out, this government review directly impacts a leading ASX 200 industrials<\/a> business.<\/p>\n

And a key development announced this week had its shares flying. <\/p>\n

Tell me more <\/p>\n

Auckland International Airport Ltd (ASX: AIA<\/a>) is New Zealand’s largest and busiest airport.<\/p>\n

It caters to more than eight million domestic passenger movements annually and is served by four airlines across 23 destinations.<\/p>\n

It also accounts for more than 10 million international passenger movements each year, with 69% of all foreign visitors to New Zealand first arriving at this airport. <\/p>\n

In April, MBIE launched a review of airport regulations just three weeks after New Zealand’s Commerce Commission gave Auckland International the tick of approval for an upgrade.<\/p>\n

For this review, MBIE allowed related parties to provide their viewpoints on the regulation of airport services in the nation.<\/p>\n

To cut a long story short, this regulatory evaluation created doubt about the airport’s operations.<\/p>\n

But news from this week appears to have delivered some clarity.<\/p>\n

What happened this week? <\/p>\n

MBIE provided an update<\/a> to parties who made submissions on the effectiveness of the economic regulation of airport services in New Zealand.<\/p>\n

Here, it advised that legislative changes are not being considered for the time being.<\/p>\n

And Auckland International now believes the MBIE review process to be complete.<\/p>\n

In turn, the company’s shares jumped sharply, rising from $6.78 each at the close of trading on Wednesday to $7.07 apiece by Thursday’s close.<\/p>\n

This represents a jump of 4.28%.<\/p>\n

For context, the S&P\/ASX 200 Index (ASX: XJO) was up by 0.9% during this period.<\/p>\n

However, Macquarie Group Ltd (ASX: MQG<\/a>) believes there could be more fuel left in the tank for Auckland International’s share price.<\/p>\n

What is Macquarie saying? <\/p>\n

The broker has now placed an overperform rating on Auckland International, citing the regulatory review outcome as one of the key catalysts for its decision.<\/p>\n

It also noted that passenger volumes continue to recover towards pre-COVID levels, with non-aeronautical revenue opportunities providing further appeal for the company.<\/p>\n

As such, Macquarie sees potential for further share price appreciation for Auckland International.<\/p>\n

However, it is important to note that the company’s primary reporting currency is New Zealand dollars.<\/p>\n

So, Macquarie has placed a 12-month share price target of NZ$8.55, up from NZ$7.46 on Wednesday.<\/p>\n

This equates to a healthy 15% ascent for the airport’s shares.<\/p>\n","protected":false},"excerpt":{"rendered":"Image source: Getty Images Across the pond in New Zealand, the nation’s government recently cast a shadow over…\n","protected":false},"author":2,"featured_media":6574,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[64,63,99,8428,7037,7038,7039,7040,8429,8430],"class_list":["post-6573","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-au","tag-australia","tag-business","tag-category-brokers","tag-partner-feeds-msn-9","tag-partner-feeds-newstex","tag-partner-feeds-sharesight","tag-partner-feeds-webull","tag-tickers_global-asx-aia","tag-tickers_global-asx-mqg"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/6573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=6573"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/6573\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/6574"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=6573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=6573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=6573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}