REA Keeps Bull Despite Deteriorating Conditions -- Market Talk

Dow Jones
05/11

0011 GMT - REA Group keeps its bull at Bell Potter despite deteriorating conditions in Australia's real-estate market. Retaining a buy rating on the stock, analyst Michael Ardrey tells clients in a note that the News Corp-controlled advertiser sees the market becoming more balanced following a recent period of demand exceeding supply. However, Ardrey observes that REA seems to be confident in the value it offers customers, pointing out that its 8% price rise is twice that levied by CoStar-controlled rival Domain. Bell Potter raises its target price 2.8% to A$217.00. Shares are down 1.2% at A$174.71. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

May 10, 2026 20:11 ET (00:11 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10