Jefferies backs Australia's Goodman Group, highlights strong data centre pipeline

Goodman

20/05/2026 20:44

** Jefferies says it's confident in Australia's Goodman Group GMG.AX ahead of Q3 earnings update

** Brokerage upbeat on the data centre landlord, places bet on strong data centre development pipeline and additional projects

** Says capital partnering across Europe and North-America, contract wins to support Q3 earnings

** Avg. rating of 12 analysts suggest "buy" or higher; their median PT is A$35.56, LSEG-compiled data shows

** YTD, stock down 3.2%

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))