Australia's Charter Hall slips, Citi says FY27 outlook appears conservative
21/08/2026 04:12
BUZZ-Australia's Charter Hall slips, Citi says FY27 outlook appears conservative ** Shares of Australia's Charter Hall CHC.AX fall as much as 8.2% to A$20.3, their biggest intra-day pct drop since April 7, 2025
** Stock hits its lowest level since June 9
** Citi says co's FY27 EPS guidance appears conservative
** Citi notes outlook is 1% below consensus and 2% below Citi's forecast, though both consensus and Citi estimates include performance fees, while the company's guidance does not
** Brokerage expects investor focus to shift to guidance assumptions, valuation outlook, and performance fees
** Stock down over 15% this year, including the day's move
(Reporting by Rajasik Mukherjee in Bengaluru)
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Australia's Charter Hall slips, Citi says FY27 outlook appears conservative
Brief: Charter Hall Group Says FY27 Distribution Per Security Guidance Is For 6% Growth Over Fy26