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Jarden Reaffirms Their Buy Rating on Mirvac Group (MRVGF)

Jarden Reaffirms Their Buy Rating on Mirvac Group (MRVGF)

Jarden analyst Lou Pirenc maintained a Buy rating on Mirvac Group (MRVGF – Research Report) on May 1 and set a price target of A$2.35. The company's shares closed last Friday at $0.98.
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According to TipRanks, Pirenc is a 4-star analyst with an average return of 3.6% and a 56.28% success rate. Pirenc covers the Real Estate sector, focusing on stocks such as Mirvac Group, Stockland, and Vicinity Centres.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mirvac Group with a $1.51 average price target.
The company has a one-year high of $1.82 and a one-year low of $0.92. Currently, Mirvac Group has an average volume of 12.45K.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MRVGF in relation to earlier this year.
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