According to TipRanks, Zhang is a 4-star analyst with an average return of 9.0% and a 72.92% success rate. Zhang covers the Real Estate sector, focusing on stocks such as Scentre Group, Ingenia Communities Group, and Home Consortium Ltd.
In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a A$4.90 price target.
Based on Stockland’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$1.25 billion and a net profit of A$292 million. In comparison, last year the company earned a revenue of A$1.02 billion and had a net profit of A$245 million
