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Research analysts at Deutsche Bank assumed coverage on shares of Scentre Group (ASX:SCG) in a report released on Wednesday. The firm set a “buy” rating and a $3.65 price target on the stock.

Several other analysts have also recently commented on the stock. Analysts at Morningstar reiterated a “hold” rating on shares of Scentre Group in a research note on Thursday, July 17th.

Shares of Scentre Group (ASX:SCG) traded down 2.06% during mid-day trading on Wednesday, hitting A$3.330. The stock had a trading volume of 11,001,559 shares. Scentre Group has a 1-year low of A$3.070 and a 1-year high of A$3.470. The stock has a 50-day moving average of A$3.30 and a 200-day moving average of A$3.30. The company has a market cap of A$9.921 billion and a P/E ratio of 13.18.

Scentre Group manages, develops and has an ownership interest in Westfield branded shopping centers in Australia and New Zealand.

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