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Stockland Co. (ASX:SGP) was upgraded by stock analysts at Deutsche Bank to a “buy” rating in a report issued on Tuesday. The firm currently has a $4.40 target price on the stock.

Stockland Co. (ASX:SGP) traded up 0.25% on Tuesday, hitting A$4.030. The stock had a trading volume of 8,775,384 shares. Stockland Co. has a 52 week low of A$3.320 and a 52 week high of A$4.120. The stock has a 50-day moving average of A$3.89 and a 200-day moving average of A$3.79. The company has a market cap of A$9.286 billion and a price-to-earnings ratio of 16.61.

A number of other firms have also recently commented on SGP. Analysts at Morningstar reiterated a “hold” rating on shares of Stockland Co. in a research note on Sunday, April 6th.

Stockland Corporation Limited owns, manages and develops a range of assets including shopping centers, office and industrial, residential communities, and retirement villages.

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