There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Goodman Group (GMGSF – Research Report) and Realty Income (O – Research Report) with bullish sentiments.
Goodman Group (GMGSF)
In a report released today, Sholto Maconochie from Jefferies maintained a Buy rating on Goodman Group, with a price target of A$32.98. The company’s shares closed last Tuesday at $19.00, close to its 52-week high of $19.30.
According to TipRanks.com, Maconochie is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Goodman Group with a $19.34 average price target, representing a 0.2% upside. In a report issued on February 16, Macquarie also maintained a Buy rating on the stock with a A$31.81 price target.
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Realty Income (O)
RBC Capital analyst Brad Heffern maintained a Buy rating on Realty Income yesterday and set a price target of $58.00. The company’s shares closed last Wednesday at $52.69.
According to TipRanks.com, Heffern is ranked #595 out of 8729 analysts.
Realty Income has an analyst consensus of Moderate Buy, with a price target consensus of $61.40, representing a 15.9% upside. In a report issued on February 20, Mizuho Securities also maintained a Buy rating on the stock with a $60.00 price target.
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