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Scentre Group ( (AU:SCG) ) has issued an update.
Scentre Group has acknowledged a media report regarding potential transactions involving an interest in Westfield Sydney. As part of its capital management strategy, the company is in discussions with third parties about joint venture opportunities, which may or may not lead to new transactions. Any developments will be disclosed in line with continuous disclosure obligations.
The most recent analyst rating on (AU:SCG) stock is a Buy with a A$4.60 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.
More about Scentre Group
Scentre Group is a prominent player in the retail property industry, primarily focusing on managing and developing shopping centers across Australia and New Zealand. The company is known for its Westfield-branded shopping centers, which are a significant part of its portfolio.
Average Trading Volume: 8,539,183
Technical Sentiment Signal: Buy
Current Market Cap: A$21.36B
For detailed information about SCG stock, go to TipRanks’ Stock Analysis page.