ASX:REAInteractive Media and Services
REA Group (ASX:REA) Valuation Check After Google’s Property Search Test and Recent Share Price Weakness
Google’s experiment with homes for sale appearing directly in search results has unsettled investors in REA Group (ASX:REA). This has contributed to a decline in the company’s share price as the market reassesses its long term competitive position.
See our latest analysis for REA Group.
That Google trial has landed on a stock that was already under pressure, with a 1 month share price return of minus 8.1 percent and a year to date share price return of about minus 22 percent. Even though the...