CQR 0.00% $3.57 charter hall retail reit

• 24 May, 2024Cruise●Analysts at Morningstar say that...

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    • 24 May, 2024Cruise●Analysts at Morningstar say that Australia's Charter Hall Retail REIT's recent property sale should reduce its gearing (debt to equity ratio) to a moderate level●CQR announced on Wednesday the sale of its Rutherford Mall for A$49.8 mln ($32.87 mln), a premium to its book value as of Dec 2023●"We don't think the REIT needs to deleverage much further from here, but management could undertake more sales to reposition the portfolio" - Morningstar●Brokerage adds it is comfortable with CQR's current gearing, either way●Three of 10 analysts rate the stock "buy" or higher, seven "hold"; their median PT is A$3.80 – LSEG data
 
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Last
$3.57
Change
0.000(0.00%)
Mkt cap ! $2.074B
Open High Low Value Volume
$3.57 $3.58 $3.55 $5.797M 1.626M

Buyers (Bids)

No. Vol. Price($)
1 40000 $3.56
 

Sellers (Offers)

Price($) Vol. No.
$3.57 10458 3
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Last trade - 16.10pm 29/08/2024 (20 minute delay) ?
CQR (ASX) Chart
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