ASX:REAInteractive Media and Services
REA Group (ASX:REA) Faces Broker Downgrades, Is The Stock Fully Priced?
REA Group (ASX:REA) is under pressure after broker downgrades coincided with federal budget property tax proposals that target investors. This has raised concerns about weaker housing turnover, fewer listings and the impact of an early A$200 million buyback completion.
See our latest analysis for REA Group.
At A$131.52, REA Group’s share price has retreated sharply, with a 1-month share price return down 13.49% and a 1-year total shareholder return down 43.12%, signalling fading momentum as...