What does REA Group own?
REA Group owns Smartline Home Loans Pty Ltd and Mortgage Choice Pty Ltd, Australian mortgage broking franchise groups, and PropTrack Pty Ltd, a leading provider of property data services.
Who founded Rea?
They’ve been working with the REA Group, which owns realestate.com.au, one of Australia’s top real estate websites, for three years. Co-founders Chris Koch and Chad Stephens told StartupSmart they had often been approached by a range of companies looking to acquire the technology over the last few years.
When did Rea list on ASX?
REA Group, founded in 1995, is a public company listed on the Australian Stock Exchange (ASX: REA) and majority-owned by News Corp Australia, a subsidiary of News Corp.
What do REA do?
REA Group in Australia REA Group operates Australia’s leading residential and commercial property websites –realestate.com.au and realcommercial.com.au – as well as the leading website dedicated to share property, Flatmates.com.au.
How does REA Group make money?
REA Group Ltd is a foreign owned public company, generating revenue from online real estate and commercial property advertising services.
What is Rea stand for?
Research, Evaluation & Assessment. REA.
Is Rea a buy?
According to a list of analysts provided by Bloomberg Intelligence, more than 56% of coverage has REA as a buy. Just 1 broker has it as a sell. The consensus price target on the company is $165.54 (ex-dividend), suggesting a potential 16% upside.
Is Rea a good investment?
Is REA Group still cheap? The stock is currently trading at AU$136 on the share market, which means it is overvalued by 30% compared to my intrinsic value of A$104.04. Not the best news for investors looking to buy!
Is Rea a good buy?
Is REA Group a buy? According to analysts at investment bank Citi, REA is worth considering for ASX investors. The broker said REA’s strong performance took the market by surprise, as it beat expectations on both revenue and expenditure. Of particular note was the circa 25% growth in turnover from financial services.
What type of business is rea group?
foreign owned public company
REA Group Ltd is a foreign owned public company, generating revenue from online real estate and commercial property advertising services. The company employs approximately 2,900 people, operates in Australia and Asia, and is administered from its head office in Richmond, Victoria.
What does Rea mean New Deal?
Rural Electrification Act
Nicknames | Rural Electrification Act of 1936 |
Enacted by | the 74th United States Congress |
Effective | May 20, 1936 |
Citations | |
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Public law | Pub.L. 74–605 |
What is the share price of Afterpay?
$66.47
Afterpay Limited’s current share price is $66.47.