BUZZ-Jefferies raises Australia's REA Group PT after strong quarterly earnings

News Corporation Class A
Rare Earths Americas, Inc.

News Corporation Class A

NWSA

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Rare Earths Americas, Inc.

REA

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** Analysts at Jefferies lift price target for Australia's REA Group REA.AX to A$204.00 from A$192.00; reiterate "buy" rating

** REA on Friday reported 16% rise in third-quarter EBITDA to A$220 million ($159.35 million)

** Jefferies upgrades property listing firm's EPS forecasts by 1% and 3% in FY26 and FY27, driven by improved cost controls

** Forecast REA yield growth of 12% in FY27, supported by prices rises, Luxe bundling and sustained penetration of Audience Maximiser segment - Jefferies

** Morningstar expects REA to become more constrained in raising listing fees due to competition, regulatory intervention and possible property price declines

** REA down 3.5% YTD

($1 = 1.3806 Australian dollars)