Citi analyst Siraj Ahmed maintained a Buy rating on $Domain Holdings Australia Ltd (DHG.AU)$ today and set a price target of A$3.40. The company's shares opened today at A$3.28.
Ahmed covers the Technology sector, focusing on stocks such as Xero Limited, Nextdc Limited, and Megaport Ltd.. According to TipRanks, Ahmed has an average return of 11.8% and a 62.21% success rate on recommended stocks.
Domain Holdings Australia Ltd. has an analyst consensus of Hold, with a price target consensus of A$3.36.
DHG market cap is currently A$1.91B and has a P/E ratio of 51.74.
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Domain Holdings Australia Ltd. (DHG) Company Description:
Domain is an Australian real estate services business that owns real estate listings websites and print magazines, and provides real estate-related services. Domain was formed as a home and lifestyle section of newspapers owned by Fairfax Media Limited (ASX:FXJ) in 1996, and an associated residential real estate website, , was launched in 1999. Domain's real estate listings website has grown to become its core business and the second- largest residential real estate website in Australia, after REA Group's (ASX:REA) owned . Newscorp (ASX:NWS) owns 60% of REA Group.
