11 hours ago
Ord Minnett upgrades HomeCo Daily Needs REIT (HDN) to a Buy
HomeCo Daily Needs REIT (HDN – Research Report) received a Buy rating and a A$1.46 price target from Ord Minnett analyst Leanne Truong today. The company's shares opened today at A$1.31.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Truong is a 2-star analyst with an average return of 1.4% and a 48.00% success rate. Truong covers the Real Estate sector, focusing on stocks such as Charter Hall Retail REIT, Waypoint REIT Ltd., and Dexus Convenience Retail REIT.
HomeCo Daily Needs REIT has an analyst consensus of Strong Buy, with a price target consensus of A$1.39, which is a 6.51% upside from current levels. In a report released on June 6, Jarden also upgraded the stock to a Buy with a A$1.50 price target.