BUZZ-Australia's Charter Hall hits near 3-month high on FY26 outlook upgrade

Reuters
2025/11/20
BUZZ-Australia's <a href="https://laohu8.com/S/CHC.AU">Charter Hall</a> hits near 3-month high on FY26 outlook upgrade

** Shares of Charter Hall Group CHC.AX rise as much as 7.9% to A$23.9, their highest level since August 27

** Stock set for its strongest trading session since April 10, if current trends hold

** The property investment and funds management firm raises FY26 operating earnings per security (OEPS) outlook by 5.5% to 95 Australian cents per security

** Co also sees distribution forecast of 50.7 Australian cents per security in FY26

** We rate CHC a "buy", and expect the forecast upgrade to result in future earnings upgrades - Citi

** Stock up 65.2% YTD, including the session's moves

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

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