Peet Ltd | PPC

Peet Ltd traded at 0.96 this Wednesday July 6th, increasing 0.01 or 0.52 percent since the previous trading session. Looking back, over the last four weeks, Peet Ltd gained 7.69 percent. Over the last 12 months, its price fell by 16.52 percent. Looking ahead, we forecast Peet Ltd to be priced at 0.94 by the end of this quarter and at 0.87 in one year, according to Trading Economics global macro models projections and analysts expectations.

Stock Price
0.96
Daily Change
0%
Yearly
-16.96%

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Peet Ltd
Peet Limited is an Australia-based company, which is a residential developer creating master planned communities, medium density housing and apartments for homebuyers across Australia. The Company's segments include Funds management, Company-owned projects, and Joint arrangements. Under the Funds management segment, the Company enters into asset and funds management agreements with external capital providers. Under the Company-owned projects segment, the Company acquires parcels of land in Australia, primarily for residential development purposes. Certain land holdings also produce non-residential blocks of land. Under the Joint arrangements segment, the Company enters into joint agreement with government, statutory authorities, and private landowners. The form of these arrangements can vary from project to project but generally involves the Company undertaking the development of land on behalf of the landowner or in conjunction with the co-owner.