Federation Centres’s Hold Rating Reiterated at Morningstar (FDC)
Federation Centres (ASX:FDC)‘s stock had its “hold” rating reiterated by investment analysts at Morningstar in a note issued to investors on Tuesday. They currently have a $2.50 price objective on the stock.
Federation Centres (ASX:FDC) traded up 0.78% on Tuesday, hitting A$2.600. 2,746,818 shares of the company’s stock traded hands. Federation Centres has a 52-week low of A$2.160 and a 52-week high of A$2.650. The stock’s 50-day moving average is A$2.53 and its 200-day moving average is A$2.45. The company has a market cap of A$3.712 billion and a P/E ratio of 17.32.
Federation Centres Limited is a Real Estate Investment Trust (ASX:FDC).
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