Goodman Group Rating Reiterated by Morningstar (GMG)
Goodman Group (ASX:GMG)‘s stock had its “hold” rating reaffirmed by equities research analysts at Morningstar in a research note issued to investors on Monday, American Banking News reports.
Shares of Goodman Group (ASX:GMG) traded down 0.83% on Monday, hitting A$4.770. The stock had a trading volume of 2,511,323 shares. Goodman Group has a 52-week low of A$4.470 and a 52-week high of A$5.590. The stock’s 50-day moving average is A$4.74 and its 200-day moving average is A$4.80. The company has a market cap of A$8.198 billion and a P/E ratio of 50.10.
Goodman Group (ASX:GMG) is engaged in investment in directly and indirectly held industrial property, fund management, property services and development management.
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