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An update from MAAS Group Holdings Ltd. ( (AU:MGH) ) is now available.
MAAS Group Holdings has announced a strategic move to accelerate its capital recycling program within its Commercial Property Development business. This involves a significant sell-down of commercial development sites, aiming to free up over $200 million in capital by FY26. The initiative is designed to reduce capital employed in this segment and explore capital-lite operating models, allowing the company to reallocate resources towards areas with stronger long-term growth and returns.
The most recent analyst rating on (AU:MGH) stock is a Buy with a A$4.74 price target. To see the full list of analyst forecasts on MAAS Group Holdings Ltd. stock, see the AU:MGH Stock Forecast page.
More about MAAS Group Holdings Ltd.
MAAS Group Holdings Limited is a leading independent Australian provider of construction materials, equipment, and services. The company has diversified exposure across various sectors, including civil, infrastructure, renewable energy, mining, and real estate end markets.
Average Trading Volume: 527,794
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.69B
Find detailed analytics on MGH stock on TipRanks’ Stock Analysis page.