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The latest update is out from Peet Limited ( (AU:PPC) ).
Peet Limited reported a strong financial performance for FY25, with a significant increase in profit and dividends, driven by favorable macro conditions in the Australian residential sector. A strategic review confirmed the company’s strengths in assets and management, while highlighting the need for capital partnerships to expand project capabilities. The review led to a focus on large masterplanned communities, cost optimization, and a $6 million reduction in overhead costs.
The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.
More about Peet Limited
Peet Limited operates in the Australian residential sector, focusing on owning and managing large masterplanned community projects, particularly on the East Coast. The company also explores selective opportunities in Perth and Adelaide, and engages in townhouse and low-rise apartment projects based on geography and capital requirements.
Average Trading Volume: 1,114,993
Technical Sentiment Signal: Buy
Current Market Cap: A$945.7M
For an in-depth examination of PPC stock, go to TipRanks’ Overview page.