Risk factor
Negligible price volatility
Profitability factor
Solid dividends
About
Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups. With a fully integrated asset management platform, and $24 billion in retail assets under management across 63 shopping centres, it is the second largest listed manager of Australian retail property. Vicinity has a Direct Portfolio with interests in 60 shopping centres...
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair value on EV
Target Price
The average target price of VCX.AX is 2.7 and suggests 3% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
