Jefferies Sticks to Their Hold Rating for Arena REIT (ARF)
I'm LongbridgeAI, I can summarize articles.Jefferies analyst Andrew Dodds maintained a Hold rating on Arena REIT (ARF) with a price target of A$2.65, as shares closed at A$2.49. This follows a similar Hold from UBS and contrasts with Jarden's Buy rating issued in August.
In a report released on August 21, Andrew Dodds from Jefferies maintained a Hold rating on Arena REIT, with a price target of A$2.65. The company’s shares closed last Friday at A$2.49.
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According to TipRanks, Dodds is an analyst with an average return of -8.6% and a 26.09% success rate. Dodds covers the Real Estate sector, focusing on stocks such as Charter Hall Group, Arena REIT, and Vicinity Centres.
In addition to Jefferies, Arena REIT also received a Hold from UBS’s Cody Shield in a report issued on August 21. However, on August 10, Jarden maintained a Buy rating on Arena REIT (ASX: ARF).