In a report released today, Tom Bodor from UBS maintained a Hold rating on Dexus (DEXSF – Research Report), with a price target of A$8.70. The company’s shares closed last Wednesday at $4.75.
According to TipRanks, Bodor is a 2-star analyst with an average return of -0.4% and a 48.98% success rate. Bodor covers the Real Estate sector, focusing on stocks such as Dexus, Lendlease Group, and Mirvac Group.
In addition to UBS, Dexus also received a Hold from Jefferies’s Sholto Maconochie in a report issued yesterday. However, on February 15, Macquarie maintained a Buy rating on Dexus (Other OTC: DEXSF).
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DEXSF market cap is currently $5.53B and has a P/E ratio of -6.05.
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Dexus (DEXSF) Company Description:
Dexus engages in real estate investments, leasing and tenant services. It operates its business through following segments: Office, Industrial, Property Management, Funds Management, Development & Trading, and Others. The Office segment offers domestic office space with any associated retail space, car parks and office developments. The Industrial segment comprises of domestic industrial properties, industrial estates and industrial developments. The Property Management segment provides property management services for third part clients and owned assets. The Funds Management segment offers funds management of third party client assets. The Development & Trading segment provides revenue earned and costs incurred by the group on developments and inventory. The others segment comprises of corporate expenses associated with maintaining and also include the treasury function managed through a centralized treasury department. Dexus was founded in 2004 and is headquartered in Sydney, Australia.
