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CHC - Macquarie rates the stock as Outperform
PUBLISHED
2021-04-01
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Macquarie notes the company's development pipeline is getting larger, at $7bn, aiding returns to both unit holders and the underlying funds.
Nevertheless, acquisitions are expected to remain the growth driver. Outperform rating and $15.78 target retained.
Sector: Real Estate.
Target price is $15.78.Current Price is $12.88. Difference: $2.90 - (brackets indicate current price is over target). If CHC meets the Macquarie target it will return approximately 18% (excluding dividends, fees and charges - negative figures indicate an expected loss).