Atlas Arteria Ltd

ALX: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$5.90	Xwsmrt	Szrxvdjr

Transfer of Analyst and Plans to Cease Coverage of Macquarie Atlas Roads

Adam Fleck

Jan 13, 2017

We advise that we will cease coverage of Macquarie Atlas Roads in March 2017. Coverage has been transferred to a new analyst during this period. We reiterate our $5.20 fair value estimate, no-moat rating, high uncertainty, and Standard stewardship.

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