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Goodman Group – Algo Buy

Goodman is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Relative to its A-REIT peers, GMG is trading on an elevated earnings multiple, however, this is not the case when compared to its global peers.

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We expect 10% EPS growth into FY22 and the 2% plus dividend yield remains well supported.

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
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