Macquarie downgrades Vicinity Centres (CNRAF) to a Sell
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The word on The Street in general, suggests a Hold analyst consensus rating for Vicinity Centres with a $1.61 average price target.
Based on Vicinity Centres' latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $702.3 million and a net profit of $492.6 million. In comparison, last year the company earned a revenue of $642.2 million and had a net profit of $223.5 million
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