Stockland (ASX: SGP)‘s stock had its “underperform” rating reaffirmed by research analysts at Macquarie in a report released on Monday. They currently have a $3.36 (3 AUD) target price on the stock.

Shares of Stockland remained flat at A$3.450 during during mid-day trading trading on Monday. Stockland has a one year low of A$2.900 and a one year high of A$3.640. The company has a market cap of A$7.602 billion and a P/E ratio of 16.35.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Stockland in a research note to investors on Wednesday, December 5th. They now have a $3.80 price target on the stock. Separately, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Stockland in a research note to investors on Tuesday, December 4th. They now have a $3.75 price target on the stock. Finally, 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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