Citi says Aussie Region Re's half-year distribution meets estimates

Region Re

17/06/2025 22:14

** Region Re's RGN.AX HY distribution of 7 Australian cents per share is in line with Citi and Visible Alpha consensus expectations - brokerage Citi

** Shopping center manager on Tuesday reported a rise in total value of investment properties after weighted average capitalisation rates slipped to 5.97%

** Citi maintains "buy" rating for RGN with PT A$2.40/shr

** Three of 9 analysts rate the stock "buy" or higher, four rate "hold" and two rate "sell"; their mean PT is A$2.38, according to data compiled by LSEG

** Stock up 16.4% YTD

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))