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An announcement from Scentre Group ( (AU:SCG) ) is now available.
Scentre Group reported a 3.1% increase in customer visitation to its Westfield destinations, with total business partner sales rising to $29.5 billion, reflecting strong demand and high occupancy rates. The company continues to invest in redevelopments and new experiences, enhancing its market position and driving growth, as evidenced by recent openings and capital management strategies.
The most recent analyst rating on (AU:SCG) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.
More about Scentre Group
Scentre Group (ASX: SCG) owns 42 Westfield destinations across Australia and New Zealand, comprising 12,000 outlets. The company aims to create extraordinary places that connect and enrich communities, with a plan to make these destinations more appealing to visitors and essential to communities and businesses.
Average Trading Volume: 8,910,238
Technical Sentiment Signal: Buy
Current Market Cap: A$21.41B
For an in-depth examination of SCG stock, go to TipRanks’ Overview page.