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