UBS AG reaffirmed their buy rating on shares of Stockland (ASX:SGP) in a report issued on Monday, Stock Ratings Network reports.
UBS AG has also updated their ratings on a number of other stocks in the last week. The firm cut their EPS estimates on shares of Transocean. They now have a $63.00 price target on that stock. Also, UBS AG cut their EPS estimates on shares of Agrium. They now have a $100.00 price target on that stock. Finally, UBS AG cut their EPS estimates on shares of Newcastle Investment Corp. They now have a $6.50 price target on that stock.
Stockland (ASX:SGP) opened at 3.640 on Monday. Stockland has a 52-week low of A$3.120 and a 52-week high of A$3.980. The stock’s 50-day moving average is currently A$3.57. The company has a market cap of A$8.016 billion and a price-to-earnings ratio of 264.29.
Stockland Corporation Limited develops and manages residential communities, retirement living villages and retail centres.
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