GPT Group (GPTGF)
In a report released today, Howard Penny from Citi maintained a Buy rating on GPT Group, with a price target of A$6.00. The company’s shares closed last Thursday at $3.62, close to its 52-week high of $3.70.
According to TipRanks.com, Penny is a 4-star analyst with an average return of 6.1% and a 61.8% success rate. Penny covers the NA sector, focusing on stocks such as Vicinity Centres, Scentre Group, and Goodman Group.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for GPT Group with a $3.78 average price target, representing a 4.1% upside. In a report issued on June 22, Morgan Stanley also maintained a Buy rating on the stock with a A$5.83 price target.
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