Deutsche Bank Reiterates “Hold” Rating for REA Group Limited (REA)
REA Group Limited (ASX:REA)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Friday, AnalystRatings.Net reports.
REA Group Limited (ASX:REA) traded down 1.23% on Friday, hitting A$36.900. The stock had a trading volume of 172,628 shares. REA Group Limited has a 52 week low of A$17.650 and a 52 week high of A$42.980. The stock’s 50-day moving average is A$39.47 and its 200-day moving average is A$36.27. The company has a market cap of A$4.860 billion and a P/E ratio of 44.85.
REA Group Limited is engaged in the real estate online advertising and related services. Its online advertising services include online advertising of residential properties for sale and rent, online advertising of commercial properties for sale and lease, provision of online display advertising space for advertisers in various industries, provision of Website development services to the real estate industry through Web design services.
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