Bell Potter downgrades Centuria Office REIT (COF) to a Sell

Bell Potter analyst Connor Eldridge downgraded Centuria Office REIT (COF – Research Report) to a Sell today and set a price target of A$1.10. The company's shares opened today at A$1.23.
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, Eldridge is a 3-star analyst with an average return of 20.6% and a 100.00% success rate. Eldridge covers the Real Estate sector, focusing on stocks such as Shopping Centres Australasia Property Group RE, Avjennings Limited, and Centuria Office REIT.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Centuria Office REIT with a A$1.14 average price target, implying a -7.32% downside from current levels. In a report released on June 6, Jarden also maintained a Sell rating on the stock with a A$1.24 price target.
The company has a one-year high of A$1.31 and a one-year low of A$1.10. Currently, Centuria Office REIT has an average volume of 948.3K.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Business Insider

an hour ago

• Business Insider

Couchbase downgraded to Hold from Buy at Truist

Truist downgraded Couchbase (BASE) to Hold from Buy with a price target of $24.50, up from $21, after the company announced an agreement to be acquired by Haveli Investments for $24.50 per share in cash. 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 Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Business Insider

an hour ago

• Business Insider

Trade Desk management to meet virtually with Benchmark

Virtual Meeting to be held on June 26 at 11 am hosted by Benchmark. 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 Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Business Insider

an hour ago

• Business Insider

Lavoro downgraded to Hold from Buy at Canaccord

Canaccord downgraded Lavoro (LVRO) to Hold from Buy with a price target of $2.25, down from $5.50. 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 Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>