Abacus Group Stapled (Unit, Ordinary Share) - New
ABG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %.> | LOCK|^^ | LOCK|t%m!Ks |
Abacus Group: Initiating Coverage With AUD 1.50 Fair Value Estimate and a No Moat Rating
We initiate coverage on Abacus Group, which owns and manages a portfolio of office and retail properties. Abacus also manages, and has a 20% equity interest in, Abacus Storage King, a self-storage REIT de-stapled from the group in 2023.
