REA No Longer Sees Domain as a Threat, Bull Says -- Market Talk

Dow Jones07:13

2313 GMT - REA Group's bull at Jefferies reckons the News Corp-controlled real-estate advertiser no longer sees local rival Domain as a threat. Analyst Roger Samuel says that REA's 8% price rise suggests confidence in its position, and indicates that it is untroubled by CoStar-owned Domain. Samuel tells clients in a note that REA has consistently delivered margin expansion since fiscal 2018. He forecasts 12% buy yield growth in fiscal 2027 on the latest price rises and additional product add-ons. Jefferies raises its target price by 6.3% to A$204.00 and keeps a buy rating on the stock, which is at A$176.89 ahead of the open. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

May 10, 2026 19:13 ET (23:13 GMT)

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