Latest news with #ShoppingCentresAustralasiaPropertyGroupRE


Business Insider
20-06-2025
- Business
- Business Insider
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. 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, 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.


Business Insider
20-06-2025
- Business
- Business Insider
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


Business Insider
18-06-2025
- Business
- Business Insider
Citi Keeps Their Buy Rating on Shopping Centres Australasia Property Group RE (SCPAF)
Citi analyst Howard Penny maintained a Buy rating on Shopping Centres Australasia Property Group RE (SCPAF – Research Report) today and set a price target of A$2.40. 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, Penny is a 4-star analyst with an average return of 6.7% and a 70.64% success rate. Penny covers the Real Estate sector, focusing on stocks such as Goodman Group, GPT Group, and Scentre Group. Shopping Centres Australasia Property Group RE has an analyst consensus of Moderate Buy, with a price target consensus of $1.62.


Business Insider
27-05-2025
- Business
- Business Insider
Analysts' Opinions Are Mixed on These Real Estate Stocks: Equinix (EQIX) and Shopping Centres Australasia Property Group RE (OtherSCPAF)
Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Equinix (EQIX – Research Report) and Shopping Centres Australasia Property Group RE (SCPAF – Research Report). Confident Investing Starts Here: Equinix (EQIX) In a report issued on May 23, Brendan Lynch from Barclays maintained a Hold rating on Equinix, with a price target of $837.00. The company's shares closed last Friday at $863.46. According to Lynch is a 1-star analyst with an average return of -2.7% and a 43.3% success rate. Lynch covers the NA sector, focusing on stocks such as National Storage Affiliates, Rexford Industrial Realty, and Plymouth Industrial Reit. Currently, the analyst consensus on Equinix is a Strong Buy with an average price target of $1009.44. Bell Potter analyst Connor Eldridge maintained a Buy rating on Shopping Centres Australasia Property Group RE today and set a price target of A$2.65. The company's shares closed last Thursday at $1.41, close to its 52-week low of $1.35. Shopping Centres Australasia Property Group RE has an analyst consensus of Moderate Buy, with a price target consensus of $1.53.