Stockland (OTCMKTS:STKAF) Rating Increased to Outperform at CLSA

Stockland (OTCMKTS:STKAF – Get Rating) was upgraded by research analysts at CLSA from an “underperform” rating to an “outperform” rating in a note issued to investors on Wednesday, The Fly reports.

Stockland Price Performance

Shares of OTCMKTS:STKAF opened at $2.50 on Wednesday. The business has a fifty day simple moving average of $2.62 and a 200 day simple moving average of $2.47. Stockland has a 12-month low of $1.91 and a 12-month high of $3.18.

About Stockland

(Get Rating)

Stockland (ASX:SGP) was founded in 1952 and has grown to become one of Australia's largest diversified property groups – owning, developing and managing a large portfolio of shopping centres, residential communities, workplace and logistic assets and retirement living villages. Stockland is consistently rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI).