BUZZ-Citi flags risk to Brambles' FY24 forecast

Reuters05-10

** Citi analysts flag downside risk to Brambles' FY24 forecast, retains its cautious view

** Brokerage says 4Q23 volumes will be difficult to replicate for FY25

** Firm adds it sees downside risk to co's price expectations

** Citi retains "sell" rating

** Eight of 15 analysts rate the stock "buy" or higher, four "hold" and three "sell" or lower; their median PT is A$15.70– LSEG data

** Stock has fallen 1.4% this year, as of last close

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com;))

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