Pexa Bulls See End-of-Year Settlement Burst -- Market Talk

Dow Jones

01/13

0112 GMT - Pexa's bulls at Macquarie reiterate their outperform rating on the stock following an end-of-year burst of property settlements in Australia's most populous state. Macquarie's analysts tell clients in a note that December settlement activity in New South Wales state was up 14% on year, compared with a 4.4% rise in November. They estimate that national activity in November, the last month for which they have sufficient data to make a calculation, was up 5.0%. Looking ahead, they anticipate further commitments from large U.K. lenders to Pexa's digital settlement platform. This should help drive rapid market-share gains, they add. Macquarie keeps a A$19.10 target price on the stock, which is up 0.4% at A$13.42. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

January 12, 2026 20:12 ET (01:12 GMT)

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Macquarie's analysts tell clients in a note that December settlement activity in New South Wales state was up 14% on year, compared with a 4.4% rise in November. They estimate that national activity in November, the last month for which they have sufficient data to make a calculation, was up 5.0%. Looking ahead, they anticipate further commitments from large U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. lenders to Pexa's digital settlement platform. This should help drive rapid market-share gains, they add. Macquarie keeps a A$19.10 target price on the stock, which is up 0.4% at A$13.42. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 12, 2026 20:12 ET (01:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PXA.AU","symbol_name":"PEXA Group Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2603057883","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603057883","pubTimestamp":1768266720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0112 GMT - Pexa's bulls at Macquarie reiterate their outperform rating on the stock following an end-of-year burst of property settlements in Australia's most populous state. Macquarie's analysts tell clients in a note that December settlement activity in New South Wales state was up 14% on year, compared with a 4.4% rise in November. They estimate that national activity in November, the last month for which they have sufficient data to make a calculation, was up 5.0%. Looking ahead, they anticipate further commitments from large U.K. lenders to Pexa's digital settlement platform. This should help drive rapid market-share gains, they add. Macquarie keeps a A$19.10 target price on the stock, which is up 0.4% at A$13.42. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PXA.AU":"PEXA Group Ltd","BK7004":"房地产服务"},"translate_title":"Pexa多头预计年底和解破裂——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PXA.AU":0.9},"content_text":"0112 GMT - Pexa's bulls at Macquarie reiterate their outperform rating on the stock following an end-of-year burst of property settlements in Australia's most populous state. Macquarie's analysts tell clients in a note that December settlement activity in New South Wales state was up 14% on year, compared with a 4.4% rise in November. They estimate that national activity in November, the last month for which they have sufficient data to make a calculation, was up 5.0%. Looking ahead, they anticipate further commitments from large U.K. lenders to Pexa's digital settlement platform. This should help drive rapid market-share gains, they add. Macquarie keeps a A$19.10 target price on the stock, which is up 0.4% at A$13.42. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 12, 2026 20:12 ET (01:12 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}