Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from Abacus Property Group ( (AU:ABG) ) is now available.
Abacus Property Group reported a solid financial performance for FY25, with a statutory net profit of $26.9 million, significantly up from the previous year. The company saw growth across its office, retail, and self-storage sectors, with notable increases in operating earnings and investment returns. Abacus maintained a stable capital position, focusing on balance sheet strength and portfolio optimization, while continuing to explore opportunities for divesting non-core assets to enhance asset quality.
The most recent analyst rating on (AU:ABG) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Abacus Property Group stock, see the AU:ABG Stock Forecast page.
More about Abacus Property Group
Abacus Property Group is a real estate investment company based in Australia, focusing on property investment, management, and development. The company operates across various sectors including office, retail, and self-storage, with a strategic emphasis on capital partnering and long-term value creation.
Average Trading Volume: 821,905
Technical Sentiment Signal: Buy
Current Market Cap: A$1.12B
Find detailed analytics on ABG stock on TipRanks’ Stock Analysis page.