RIC 0.39% $2.57 ridley corporation limited

Valuation can be subjective but looking at historical fundaments...

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  1. 997 Posts.
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    Valuation can be subjective but looking at historical fundaments it does not appear cheap:
    https://hotcopper.com.au/data/attachments/6167/6167082-fa42d22cb7ce8356bde12ec63712d244.jpg
    Looking forward, consensus of 6 analysts is outperform (3 Buy, 2 Outperform, 1 Hold), with an average price target of $2.72. Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement. This table from Simply Wall Street reveals analysts are increasing their targets:

    https://hotcopper.com.au/data/attachments/6167/6167248-f528faa97b7d925cce952957627460e0.jpg
 
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