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Goodman Group

GMG: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
A$49.00DfwtkMkqgfsnxsd

Goodman’s Focus on Quality Locations Underpins Rent Growth; FVE unchanged at AUD 10.20

The first-quarter fiscal 2019 operational update from Goodman Group contained no material new financial information, with guided growth in fiscal 2019 earnings and distributions reaffirmed at 7%. Our fair value estimate remains at AUD 10.20 and narrow-moat-rated Goodman screens as fairly valued at current levels.

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