Goldman Sachs Reiterates Neutral on Stockland (SGP)
Stockland traded down 0.59% on Tuesday, hitting A$3.380. Stockland has a 52-week low of A$2.900 and a 52-week high of A$3.640. The company has a market cap of A$7.448 billion and a price-to-earnings ratio of 16.11.
Several other analysts have also recently commented on the stock. Analysts at Macquarie reiterated an “underperform” rating on shares of Stockland in a research note to investors on Thursday, November 29th. They now have a $3.32 price target on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Stockland in a research note to investors on Tuesday, October 30th. They now have a $3.45 price target on the stock.
Stockland Corporation Limited develops and manages residential communities, retirement living villages and retail centres.
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