Citi analyst Howard Penny maintained a Buy rating on Charter Hall Retail REIT today and set a price target of A$4.20. The company’s shares closed last Friday at €2.14.
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Penny covers the Real Estate sector, focusing on stocks such as Goodman Group, Vicinity Centres, and GPT Group. According to TipRanks, Penny has an average return of 6.9% and a 72.41% success rate on recommended stocks.
Charter Hall Retail REIT has an analyst consensus of Moderate Buy, with a price target consensus of €2.28.
Based on Charter Hall Retail REIT’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €158.6 million and a net profit of €108.6 million. In comparison, last year the company earned a revenue of €109.4 million and had a GAAP net loss of €42.1 million
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