Tuesday Trading Talk: SUL, DHG
Tuesday's ASX session saw some good news released by outdoor gear and automotive products retailer Super Retail Group, as well as by digital real estate group Domain Holdings.
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Through Domain, Allhomes and Commercial Real Estate, Domain delivers property marketing solutions for residential, new development and commercial properties, plus the latest market intel that attracts qualified buyers, sellers, renters and investors to your listings.
Domain’s award winning digital products – including our property app, and captivating Domain and Domain Review property magazines are designed to maximise your exposure, helping you achieve the best results faster.
Tuesday's ASX session saw some good news released by outdoor gear and automotive products retailer Super Retail Group, as well as by digital real estate group Domain Holdings.
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With peak reporting season upon us, here are snippets from the results announced yesterday by Shopping Centres Australasia, Domain Holdings, and Magellan Financial Group.
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US private equity giant KKR and Nine Entertainment’s real estate listings company Domain Holdings have made a surprise $3.1 billion bid for the online property conveyancer PEXA.
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Domain, Nine Entertainment’s 59%-owned digital real estate listings business has sought more debt from its lenders and intensified its cost-cutting.
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Fool’s paradise? Sydney and Melbourne house prices again rose strongly in March but there were more signs of a slowdown following tough restrictions on how real estate agents can sell properties during the coronavirus pandemic.
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UBS maintains its Buy rating for Domain Holdings after interim earnings (EBITDA) came in 7.5% ahead of expectations. The target price is lowered to $5.50 from $5.60.
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The Neutral rating is retained and the target price increases to $4.90 from $4.80.
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UBS upgrades Domain Holdings to Buy from Neutral. Target price is steady at $5.80.
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The broker lifts its target price to $5.36 from $5.22 and maintains its Hold rating on valuation.
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The target is raised to $5.15 from $5, with the increase driven by an extension to the forecast period.
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