GPT Group receives buy rating from Citi after strong results
Investing.com -- Citi maintained its buy rating on Australia’s GPT Group (ASX:GPT) with a price target of A$6.00 per share following the company’s first-half 2026 results. The property group reported funds from operations of A$338.8 million ($240.58 million), marking a 5% increase for the period.
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Investing.com -- Citi maintained its buy rating on Australia’s GPT Group (ASX:GPT) with a price target of A$6.00 per share following the company’s first-half 2026 results. The property group reported funds from operations of A$338.8 million ($240.58 million), marking a 5% increase for the period. Citi highlighted the company’s strong retail performance and improving office fundamentals as factors that could support property valuations. The brokerage said it expects income growth to become more visible in asset valuations starting in fiscal year 2027 as leasing incentives decline.
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- Investing.com -- Citi maintained its buy rating on Australia’s GPT Group (ASX:GPT) with a price target of A$6.00 per share following the company’s first-half 2026 results. The property group reported funds from operations of A$338.8 million ($240.58 million), marking a 5% increase for the period.
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GPT Group receives buy rating from Citi after strong results
Sources1TypeCoverageInvesting.com · Stock Market