Westfield Group Stock Rating Reaffirmed by Deutsche Bank (WDC)
Westfield Group (ASX:WDC)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank in a research report issued on Wednesday, Stock Ratings News reports.
Westfield Group (ASX:WDC) traded down 0.18% on Wednesday, hitting A$10.970. 1,805,206 shares of the company’s stock traded hands. Westfield Group has a one year low of A$9.530 and a one year high of A$12.550. The stock has a 50-day moving average of A$11.40 and a 200-day moving average of A$11.32. The company has a market cap of A$23.722 billion and a price-to-earnings ratio of 17.17.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Westfield Group in a research note to investors on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Westfield Group presently has a consensus rating of “Hold” and an average target price of A$10.32 ($9.73).
Westfield Group is engaged in ownership, development, design, construction, funds/asset management, leasing and marketing activities undertaken with respect to its global portfolio of retail properties.
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