logo
UBS Remains a Hold on Shopping Centres Australasia Property Group RE (SCPAF)

UBS Remains a Hold on Shopping Centres Australasia Property Group RE (SCPAF)

In a report released today, Tom Bodor from UBS maintained a Hold rating on Shopping Centres Australasia Property Group RE (SCPAF – Research Report), with a price target of A$2.35. The company's shares closed last Thursday at $1.41.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Bodor is an analyst with an average return of -0.7% and a 49.52% success rate. Bodor covers the Real Estate sector, focusing on stocks such as Goodman Group, Lendlease Group, and Mirvac Group.
In addition to UBS, Shopping Centres Australasia Property Group RE also received a Hold from Jarden's Lou Pirenc in a report issued on June 6. However, on June 17, Citi maintained a Buy rating on Shopping Centres Australasia Property Group RE (Other OTC: SCPAF).
Based on Shopping Centres Australasia Property Group RE's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $191.9 million and a net profit of $81.8 million. In comparison, last year the company earned a revenue of $183.8 million and had a GAAP net loss of $35 million
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Shell (SHEL) was downgraded to a Hold Rating at Freedom Capital Markets
Shell (SHEL) was downgraded to a Hold Rating at Freedom Capital Markets

Business Insider

time3 hours ago

  • Business Insider

Shell (SHEL) was downgraded to a Hold Rating at Freedom Capital Markets

In a report released today, Sergey Pigarev from Freedom Capital Markets downgraded Shell to a Hold, with a price target of $78.00. The company's shares closed today at $71.85. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. In addition to Freedom Capital Markets, Shell also received a Hold from HSBC's Kim Fustier in a report issued today. However, on the same day, TD Cowen maintained a Buy rating on Shell (NYSE: SHEL). The company has a one-year high of $74.18 and a one-year low of $58.55. Currently, Shell has an average volume of 4.35M.

Closing Bell Movers: Palantir hits record highs on beat and raise
Closing Bell Movers: Palantir hits record highs on beat and raise

Business Insider

time4 hours ago

  • Business Insider

Closing Bell Movers: Palantir hits record highs on beat and raise

In the opening hour of the evening session, U.S. equity futures are up marginally, with S&P 500, Nasdaq 100, and Dow Industrials all adding to Monday's solid market with 0.1% gains. WTI Crude Oil is little changed around $66 per barrel following three consecutive sessions of declines, while Precious Metals are opening slightly higher in electronic trade, and if gains should hold, will mark three straight sessions of advance. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Tech and Communications Services – dominated by Google and Meta – led the S&P 500 index on Monday, followed closely by high-yielding Utilities benefiting from lower interest rates. The yield on the 10-year Treasury edged further down to 4.2% – the cusp of a three-month low. Fed funds futures markets also continued to price in the near-certain FOMC easing starting with September decision, with probabilities now rising to 94%. Afterhours, Palantir was the highlight, rising to record highs on a strong earnings beat and guidance raise. Vertex Pharma and Hims and Hers were down double-digits however, with earnings falling shy of consensus. Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGS – ALSO HIGHER – Arteris (AIP) up 55.1% after entering partnership with AMD (AMD) DOWN AFTER EARNINGS – Inspire Medical Systems (INSP) down 21.1% Vertex Pharmaceuticals (VRTX) down 14.5% Hims & Hers Health (HIMS) down 13.7% Kyndryl Holdings (KD) down 13.6% CRISPR Therapeutics (CRSP) down 6.0% MercadoLibre (MELI) down 5.2% Air Lease (AL) down 4.9% Diamondback Energy (FANG) down 3.7% Trex Company (TREX) down 2.8%

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store