Analysts Offer Insights on Real Estate Companies: GPT Group (OtherGPTGF) and Lendlease Group (OtherLLESF)

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on GPT Group (GPTGF – Research Report) and Lendlease Group (LLESF – Research Report) with bullish sentiments.

GPT Group (GPTGF)

In a report released today, Howard Penny from Citi maintained a Buy rating on GPT Group, with a price target of A$4.90. The company’s shares closed last Friday at $2.97.

According to TipRanks.com, Penny is a 2-star analyst with an average return of 1.1% and a 52.2% success rate. Penny covers the NA sector, focusing on stocks such as Shopping Centres Australasia Property Group RE Ltd., Charter Hall Group, and Vicinity Centres.

GPT Group has an analyst consensus of Moderate Buy, with a price target consensus of $3.17.

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Lendlease Group (LLESF)

In a report released today, Suraj Nebhani from Citi maintained a Buy rating on Lendlease Group, with a price target of A$9.40. The company’s shares closed last Friday at $4.60.

According to TipRanks.com, Nebhani is a 1-star analyst with an average return of -1.4% and a 50.0% success rate. Nebhani covers the NA sector, focusing on stocks such as Goodman Group, Mirvac Group, and Stockland.

Lendlease Group has an analyst consensus of Strong Buy, with a price target consensus of $5.63.

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