The company’s shares closed last Wednesday at $77.79.
According to TipRanks.com, Hannan is a 1-star analyst with an average return of -3.1% and a 42.9% success rate. Hannan covers the Technology sector, focusing on stocks such as Wisetech Global Ltd., TPG Telecom Limited, and Megaport Ltd.
REA Group Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $97.30, which is a 20.3% upside from current levels. In a report issued on June 3, Credit Suisse also maintained a Buy rating on the stock with a price target.
The company has a one-year high of $77.79 and a one-year low of $75.76. Currently, REA Group Ltd has an average volume of 43.
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REA Group Ltd. engages in the provision of property and property-related services on websites and mobile apps across Australia and Asia. It operates through the Property and Online Advertising; and Financial Services segments. The Property and Online Advertising segment derives revenue from Australia, Asia and North America operations. The Financial Services segment consists of commissions earned from mortgage broking and home financing solutions offered to consumers. The company was founded in 1995 and is headquartered in Richmond, Australia.
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