Morgan Stanley Sticks to Its Sell Rating for Arena REIT (ARF)
I'm LongbridgeAI, I can summarize articles.Morgan Stanley analyst Simon Chan maintained a Sell rating on Arena REIT (ARF) with a price target of A$2.65. Chan, a 2-star analyst covering the Real Estate sector, holds a 43.50% success rate. This contrasts with the current analyst consensus for Arena REIT, which is a Hold with an average price target of A$3.13.
In a report released today, Simon Chan from Morgan Stanley maintained a Sell rating on Arena REIT, with a price target of A$2.65.
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According to TipRanks, Chan is a 2-star analyst with an average return of 0.4% and a 43.50% success rate. Chan covers the Real Estate sector, focusing on stocks such as Charter Hall Group, Goodman Group, and Lendlease Group.
Currently, the analyst consensus on Arena REIT is a Hold with an average price target of A$3.13.