Equities researchers at The Goldman Sachs Group initiated coverage on shares of Goodman Group (OTCMKTS:GMGSF – Get Rating) in a note issued to investors on Thursday, The Fly reports. The brokerage set a “buy” rating on the stock.
Separately, JPMorgan Chase & Co. lowered shares of Goodman Group from an “overweight” rating to a “neutral” rating in a research report on Thursday, February 17th.
OTCMKTS:GMGSF opened at $13.14 on Thursday. Goodman Group has a twelve month low of $13.06 and a twelve month high of $19.80. The company has a 50-day moving average of $16.35 and a 200-day moving average of $17.10.
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Continental Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally.
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