Goldman Sachs Begins Coverage on Goodman Group (GMGSF) with Positive Outlook | GMGSF Stock News

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Jun 12, 2025
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Goldman Sachs has commenced coverage of Goodman Group (GMGSF, Financial), offering a Buy rating and setting a price target of A$39. The company's favorable assessment is based on several strategic factors. Goodman Group's robust industrial property and digital infrastructure management, alongside its development and investment operations, underscore its promising growth outlook. A key component of this positive view is its A$100 billion portfolio of strategically significant data centers, which enhance its growth prospects. Additionally, the recent decline in share price is seen as an opportunity, making the current valuation even more attractive. These elements collectively position Goodman Group strongly for future expansion.

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