Domain result due 19 Feb
Domain's result is due on Monday and we'll make a decision about our recommendation following the release.
Recommendation
Domain Holdings Australia Limited -
DHG
Buy
below 3.00
Hold
up to 5.00
Sell
above 5.00
HOLD at $2.86
Current price
$3.28 at 16:40 (28 March 2024)
Price at review
$2.86 at (15 February 2018)
Max Portfolio Weighting
4%
Business Risk
Medium
Share Price Risk
Medium
All Prices are in AUD ($)
Domain Holdings Australia's share price has fallen back 11% since we downgraded it to Hold, putting it backing below our Buy price. The interim result – the company's first as a listed company – is due on Monday 19 February and we'll wait to see that before making a decision about another upgrade. HOLD.
Disclosure: The author owns shares in Domain Holdings.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
Recommendation
Domain Holdings Australia Limited -
DHG
Buy
below 3.00
Hold
up to 5.00
Sell
above 5.00
HOLD at $2.86
Current price
$3.28 at 16:40 (28 March 2024)
Price at review
$2.86 at (15 February 2018)
Max Portfolio Weighting
4%
Business Risk
Medium
Share Price Risk
Medium
All Prices are in AUD ($)
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