'Heightened risk' at Fletcher's until review is complete – Jarden

'Heightened risk' at Fletcher's until review is complete – Jarden
Grant Swanepoel said the study is unlikely to lead to any "rational change" to the industry. (Image: supplied)
Brent Melville
Investment house Jarden isn't changing its view on Fletcher Building despite its exposure to a government instigated market review of the building supplies sector.In a research note, analysts Grant Swanepoel and Luan Nguyen said while the study is unlikely to lead to any "rational change" to the industry, there's always a heightened risk until the review is completed.The analysts are retaining a $7.23 target price and 'neutral' rating on the stock.Commerce and consumer affairs minister David Clark announced the terms o...

More Infrastructure

Court funding miss ‘undermines market confidence’
Finance

Court funding miss ‘undermines market confidence’

Plenary and Infrastructure NZ wrote to ministers over PPP ‘disappointment’.

Oliver Lewis 17 Sep 2025
The 'little thing' Infratil brings to its investments
Infrastructure

The 'little thing' Infratil brings to its investments

CEOs may not like it, but the returns are undeniable.

Auckland housing project withdrawn from fast-track
Policy

Auckland housing project withdrawn from fast-track

The developer plans to lodge a fresh application after draft decline.

Oliver Lewis 16 Sep 2025
150 years of infrastructure spending going ‘boom’
Infrastructure

150 years of infrastructure spending going ‘boom’

We actually spend a lot more on infrastructure than you might think.