Lifestyle Communities Shares Could Pop as Hometown Raises Stake -- Market Talk

Dow Jones
05/25

2245 GMT - Hometown Australia's move to raise its stake in Lifestyle Communities highlights the potential for the over-50s homebuilder's share price to pop, says Citi. Hometown has raised its stake in LIC to 13.2%, from 9.8%, this month. Analyst Suraj Nebhani says the market reacted positively to Hometown's announcement in March that it had built a significant stake in LIC, with the stock was up 17% on the day. "We see potential for a similar reaction on Monday, and expect the market to be positively skewed toward takeover potential for LIC," Citi says. It retains a neutral call on LIC with a new price target of A$5.40/share. LIC ended last week at A$4.88. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

May 24, 2026 18:45 ET (22:45 GMT)

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

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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