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Peet Limited (ASX:PPC)‘s stock had its “positive” rating restated by equities researchers at Deutsche Bank in a research report issued on Monday.

Peet Limited (ASX:PPC) traded up 0.36% during mid-day trading on Monday, hitting A$1.385. The stock had a trading volume of 2,888 shares. Peet Limited has a 52 week low of A$1.010 and a 52 week high of A$1.550. The stock has a 50-day moving average of A$1.31 and a 200-day moving average of A$1.36. The company has a market cap of A$600.2 million and a P/E ratio of 44.52.

Peet Limited is engaged in land development, funds management and land syndication. The Company operates through three segments: Funds management/land syndication, engaged in capital raisings to fund the acquisition of land across Australia.

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