Stockland Co. Upgraded to “Buy” by Deutsche Bank (SGP)
Stockland Co. (ASX:SGP) was upgraded by analysts at Deutsche Bank to a “buy” rating in a research report issued to clients and investors on Sunday. The firm currently has a $4.40 price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morningstar reiterated a “hold” rating on shares of Stockland Co. in a research note on Sunday, April 6th.
Stockland Co. (ASX:SGP) traded up 0.26% during mid-day trading on Friday, hitting A$3.900. The stock had a trading volume of 13,448,927 shares. Stockland Co. has a one year low of A$3.320 and a one year high of A$4.120. The stock has a 50-day moving average of A$3.82 and a 200-day moving average of A$3.7. The company has a market cap of A$8.987 billion and a price-to-earnings ratio of 16.07.
Stockland Corporation Limited owns, manages and develops a range of assets including shopping centers, office and industrial, residential communities, and retirement villages.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.