Shopping Centres Australasia Property Group RE (SCPAF) Receives a Sell from Morgan Stanley
In a report released today, Lauren Berry from Morgan Stanley maintained a Sell rating on Shopping Centres Australasia Property Group RE (SCPAF – Research Report), with a price target of A$2.25. The company's shares closed last Thursday at $1.41.
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According to TipRanks, Berry is an analyst with an average return of -0.7% and a 41.11% success rate. Berry covers the Real Estate sector, focusing on stocks such as Mirvac Group, Shopping Centres Australasia Property Group RE, and Stockland.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shopping Centres Australasia Property Group RE with a $1.61 average price target.
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