HomeCo Daily Needs REIT Issues New Securities on ASX

HomeCo Daily Needs REIT ( (AU:HDN) ) has provided an update.

HomeCo Daily Needs REIT has announced the issuance of 1,115,936 fully paid ordinary units, which will be quoted on the Australian Securities Exchange (ASX) under the code HDN. This move is part of a dividend or distribution plan, potentially enhancing the company’s liquidity and market presence, and offering stakeholders an opportunity to participate in the company’s growth.

The most recent analyst rating on (AU:HDN) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on HomeCo Daily Needs REIT stock, see the AU:HDN Stock Forecast page.

More about HomeCo Daily Needs REIT

HomeCo Daily Needs REIT is a real estate investment trust focused on owning and managing properties that cater to everyday consumer needs. The company primarily invests in retail assets that provide essential goods and services, aiming to capture consistent demand in the market.

Average Trading Volume: 3,996,006

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$2.63B

See more insights into HDN stock on TipRanks’ Stock Analysis page.