New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

Channel Infrastructure NZ Ltd / Equity Bottom-Up

<ul><li>We reinstate our coverage of Channel Infrastructure (CHI) with an OUTPERFORM rating and a target price of NZ$2.13, both are upgrades from pre-equity raise.</li><li>CHI is uniquely placed to be the site for the development of sustainable aviation fuel (SAF) or other future fuels.</li><li>In our view, it is a matter of when, not if, a future fuels project chooses Marsden Point, given its natural advantages over greenfield alternatives. </li></ul>

We reinstate our coverage of Channel Infrastructure (CHI) with an OUTPERFORM rating and a target price of NZ$2.13, both are upgrades from pre-equity raise.CHI is uniquely placed to be the site for the development of sustainable aviation fuel (SAF) or other future fuels.In our view, it is a matter of when, not if, a future fuels project chooses Marsden Point, given its natural advantages over greenfield alternatives. 

Channel Infrastructure - It's a Matter of When, Not If