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Chan covers the Real Estate sector, focusing on stocks such as Scentre Group, Dexus, and GPT Group. According to TipRanks, Chan has an average return of -1.4% and a 38.21% success rate on recommended stocks.
Currently, the analyst consensus on Arena REIT is a Hold with an average price target of A$4.21, implying a 7.95% upside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a A$4.09 price target.
The company has a one-year high of A$4.34 and a one-year low of A$3.29. Currently, Arena REIT has an average volume of 683.5K.
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ARF in relation to earlier this year.