In a report released today, David Pobucky from Macquarie maintained a Hold rating on HomeCo Daily Needs REIT, with a price target of A$1.27.
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According to TipRanks, Pobucky is a 4-star analyst with an average return of 12.8% and a 75.68% success rate. Pobucky covers the Real Estate sector, focusing on stocks such as Dexus, Charter Hall Group, and Goodman Group.
HomeCo Daily Needs REIT has an analyst consensus of Moderate Buy, with a price target consensus of A$1.42.
Based on HomeCo Daily Needs REIT’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of A$184.9 million and a net profit of A$133.5 million. In comparison, last year the company earned a revenue of A$177.1 million and had a net profit of A$92.7 million
