Maas Group recently presented at the Morgans' Noosa Conference, with management reiterating the continued tailwinds offered by regional infrastructure spend, jobs growth and population increases.

However in the short term, regional NSW remains heavily impacted by rain and Maas' first half is likely to suffer. Morgans anticipates  earnings at the bottom end of guidance.

Add retained, target falls to $4.20 from $5.60.

Sector: Materials.

Target price is $4.20.Current Price is $2.60. Difference: $1.60 - (brackets indicate current price is over target). If MGH meets the Morgans target it will return approximately 38% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2022 Acquisdata Pty Ltd., source FN Arena