Goodman Group
GMG: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$36.00 | Mdrzjb | Gcbrynjtt |
Good Momentum for Goodman Group; FVE Increases Slightly but the Security Remains Overvalued
Goodman Group delivered a strong result that was above our expectations. We slightly increase our fair value estimate to AUD 12.30 from AUD 12.00, though the security still screens as overvalued.