In a report released today, Suraj Nebhani from Citi maintained a Buy rating on Atlas Arteria (MAQAF – Research Report), with a price target of A$5.70. The company’s shares closed last Tuesday at $3.57.
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Nebhani covers the Real Estate sector, focusing on stocks such as Charter Hall Group, Lendlease Group, and Stockland. According to TipRanks, Nebhani has an average return of 1.0% and a 51.49% success rate on recommended stocks.
Currently, the analyst consensus on Atlas Arteria is a Moderate Buy with an average price target of $3.51.
MAQAF market cap is currently $4.85B and has a P/E ratio of 26.80.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MAQAF in relation to earlier this year.
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