Goodman Group (OTCMKTS:GMGSF – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 155,266 shares, a decrease of 45.5% from the September 15th total of 284,843 shares. Based on an average daily trading volume, of 940 shares, the days-to-cover ratio is currently 165.2 days.
Analyst Upgrades and Downgrades
Several analysts have commented on GMGSF shares. New Street Research set a $32.00 price objective on shares of Goodman Group in a research report on Monday. The Goldman Sachs Group began coverage on shares of Goodman Group in a research report on Monday. They set a “buy” rating for the company. One analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $32.00.
View Our Latest Stock Report on Goodman Group
Goodman Group Price Performance
Goodman Group Company Profile
Goodman Group (OTCMKTS:GMGSF) is an Australian integrated property group that owns, develops and manages logistics and industrial real estate. Its portfolio includes warehouses, distribution centers, business parks and other properties used for supply-chain, manufacturing and data center operations.
The company provides property investment and development services, along with asset and facilities management for institutional investors, businesses and other customers. Goodman typically focuses on strategically located properties near major population centers, transport infrastructure and trade hubs.
Goodman Group serves markets across Australia and New Zealand, Asia, Europe, the United Kingdom and the Americas.
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