UBS analyst Lucy Huang maintained a Hold rating on REA Group Ltd (RPGRF – Research Report) today and set a price target of A$184.40. The company’s shares closed last Tuesday at $122.24.
According to TipRanks, Huang is a 3-star analyst with an average return of 4.6% and a 53.85% success rate. Huang covers the Communication Services sector, focusing on stocks such as TPG Telecom Limited, Seek Limited, and REA Group Ltd.
REA Group Ltd has an analyst consensus of Hold, with a price target consensus of $121.74, representing a -0.41% downside. In a report released today, Citi also maintained a Hold rating on the stock with a A$187.00 price target.
Based on REA Group Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0
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REA Group Ltd (RPGRF) Company Description:
REA Group Ltd. engages in the provision of property and property-related services on websites and mobile apps across Australia and Asia. It operates through the Property and Online Advertising; and Financial Services segments. The Property and Online Advertising segment derives revenue from Australia, Asia and North America operations. The Financial Services segment consists of commissions earned from mortgage broking and home financing solutions offered to consumers. The company was founded in 1995 and is headquartered in Richmond, Australia.
