Dexus Property Group (ASX: DXS), a leading integrated real estate company managing a $54.5 billion portfolio, is among the top losers today, with its stock dipping 0.98% to $7.03. Despite analysts at UBS maintaining a bullish outlook, issuing a "buy" rating and a target price of $8.86, the market reaction suggests cautious sentiment. UBS forecasts dividend yields of 5.2% in FY25 and 5.35% in FY26, supported by dividends per share of 37 cents and 38 cents, respectively. However, broader market trends appear to weigh on Dexus, reflecting uncertainties overshadowing its promising fundamentals.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Dec 27, 2024
Dec 27, 2024
Dec 27, 2024
Dec 27, 2024
Dec 27, 2024
Dec 24, 2024
Dec 24, 2024
Dec 24, 2024
Dec 24, 2024
Dec 24, 2024
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.