Goodman Group Advances in Logistics and Data Centers Amid Economic Uncertainty

Goodman Group ( (AU:GMG) ) has shared an announcement.

Goodman Group is progressing in logistics and data center opportunities despite economic uncertainties, maintaining a forecasted 9% growth in FY25 Operating EPS. The company is leveraging current market conditions to acquire large-scale sites for future regeneration and has substantial liquidity to support its strategic initiatives. With a $13.7 billion development work in progress and a 96.5% occupancy rate, Goodman is well-positioned to capitalize on long-term demand drivers, particularly in metropolitan areas with low latency requirements.

The most recent analyst rating on (AU:GMG) stock is a Buy with a A$41.04 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.

More about Goodman Group

Goodman Group operates in the logistics and data center industry, focusing on providing essential infrastructure and modern, sustainable facilities in central locations. The company is involved in logistics and data center opportunities, catering to the demand for cloud and AI services with a globally diverse portfolio.

Average Trading Volume: 5,107,423

Technical Sentiment Signal: Buy

Current Market Cap: A$66.38B

For detailed information about GMG stock, go to TipRanks’ Stock Analysis page.