Jarden Maintains Holding Rating for REA Group Ltd
Businessinsider
30m ago
Ai Focus
Analyst Nicholas Basile maintained a hold rating on REA Group Ltd on November 6th, setting a target price of AUD 168. The stock closed at AUD 174.81 last Thursday. TipRanks data shows that Basile has an average return rate of 3.7% and a success rate of 56.86%. The consensus rating from analysts in the market is "moderate buy," with an average target price of AUD 189.81, representing an 8.58% upside from the current level. UBS also reiterated its hold rating on the stock in a report released on November 5th, with a target price of AUD 184.00. According to the latest financial report for the quarter ending June 30th from REA Group Ltd, the company's quarterly revenue was AUD 933.5 million, and net profit was AUD 215.3 million; compared to the same period last year, these figures were AUD 913.4 million and AUD 236.6 million respectively.
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Analyst Nicholas Basile maintained their holding rating for REA Group Ltd on November 6th, setting a target price of AUD 168.00. The company's stock price closed at AUD 174.81 last Thursday.

According to TipRanks, Basile is a Samsung analyst with an average return rate of 3.7% and a success rate of 56.86%.

The general opinion on Street indicates that the market's consensus rating for analysts of REA Group Ltd is 'moderate buy', with an average target price of AUD 189.81, representing a potential increase of 8.58% from the current level. UBS also reiterated its holding rating for this stock in a report released on November 5th, with a target price of AUD 184.00.

According to the latest financial report for the quarter ending June 30th as per REA Group Ltd, the company's revenue for that quarter was 933.5 million Australian dollars, with a net profit of 215.3 million Australian dollars. In comparison, during the same period last year, the company's revenue was 913.4 million Australian dollars, and the net profit was 236.6 million Australian dollars.

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