{
Domain Holdings Australia Limited

Companies

}
001122334455554433221100
001122334455554433221100

REA Group shares rise as UBS boosts price target after strong results

REA Group shares rose 1.1% to A$236.76 after UBS increased its price target to A$268, citing strong first-quarter results that exceeded market expectations. The company is poised for significant growth in FY25, with sales estimates for FY25-27 revised upwards by 2% on average. In contrast, smaller rival Domain Holdings saw a 1.9% decline in shares, highlighting REA's outperformance, particularly in Sydney and Melbourne.
Boursorama
Australian Dollar News Corporation REA Group Limited Morningstar, Inc. Domain Holdings Australia Limited AUS Rupert Murdoch Show more
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04:10 11.11.2024
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