REA's Update Looks Negative Despite A$200M Buyback -- Market Talk

Dow Jones

Feb 06

2302 GMT - REA Group's first-half update looks negative to RBC analyst Garry Sherriff despite the Australian real-estate advertiser's buyback announcement. Sherriff points out in a note that cost growth in Australia outpaced revenue growth, while listing volumes fell by more than expected in the Perth and Brisbane markets. He acknowledges that the News Corp-controlled company's A$200 million buyback and healthy balance sheet are positives, but warns that rising interest rates are typically bad news for listings volumes. RBC has a last-published sector perform rating and A$225.00 target price on the stock, which is at A$182.39 ahead of the open. 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

February 05, 2026 18:03 ET (23:03 GMT)

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Sherriff points out in a note that cost growth in Australia outpaced revenue growth, while listing volumes fell by more than expected in the Perth and Brisbane markets. He acknowledges that the <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>-controlled company's A$200 million buyback and healthy balance sheet are positives, but warns that rising interest rates are typically bad news for listings volumes. RBC has a last-published sector perform rating and A$225.00 target price on the stock, which is at A$182.39 ahead of the open. <a href=\"https://laohu8.com/S/NWSLL\">News Corp</a> is the parent company of Dow Jones &amp; Co., publisher of The Wall Street Journal and Dow Jones Newswires. 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Sherriff points out in a note that cost growth in Australia outpaced revenue growth, while listing volumes fell by more than expected in the Perth and Brisbane markets. He acknowledges that the <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>-controlled company's A$200 million buyback and healthy balance sheet are positives, but warns that rising interest rates are typically bad news for listings volumes. RBC has a last-published sector perform rating and A$225.00 target price on the stock, which is at A$182.39 ahead of the open. <a href=\"https://laohu8.com/S/NWSLL\">News Corp</a> is the parent company of Dow Jones &amp; Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 05, 2026 18:03 ET (23:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7002","symbol_name":"互动媒体与服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2609538216","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609538216","pubTimestamp":1770332580,"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":"2302 GMT - REA Group's first-half update looks negative to RBC analyst Garry Sherriff despite the Australian real-estate advertiser's buyback announcement. Sherriff points out in a note that cost growth in Australia outpaced revenue growth, while listing volumes fell by more than expected in the Perth and Brisbane markets. He acknowledges that the News Corp-controlled company's A$200 million buyback and healthy balance sheet are positives, but warns that rising interest rates are typically bad news for listings volumes. RBC has a last-published sector perform rating and A$225.00 target price on the stock, which is at A$182.39 ahead of the open. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7002":"互动媒体与服务","BK7503":"科技股","REA.AU":"REA GROUP LTD"},"translate_title":"尽管回购了2亿美元，REA的更新看起来还是负面的——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"REA.AU":0.9},"content_text":"2302 GMT - REA Group's first-half update looks negative to RBC analyst Garry Sherriff despite the Australian real-estate advertiser's buyback announcement. Sherriff points out in a note that cost growth in Australia outpaced revenue growth, while listing volumes fell by more than expected in the Perth and Brisbane markets. He acknowledges that the News Corp-controlled company's A$200 million buyback and healthy balance sheet are positives, but warns that rising interest rates are typically bad news for listings volumes. RBC has a last-published sector perform rating and A$225.00 target price on the stock, which is at A$182.39 ahead of the open. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 05, 2026 18:03 ET (23:03 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":"-2","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}