---
title: "Citi Remains a Buy on Shopping Centres Australasia Property Group RE (SCPAF)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/269925542.md"
description: "Citi analyst Howard Penny maintained a Buy rating on Shopping Centres Australasia Property Group RE with a price target of A$2.40. Penny, a 4-star analyst with a 7.7% average return and 68.67% success rate, focuses on the Real Estate sector. The general analyst consensus for the stock is Hold with a $1.58 average price target."
datetime: "2025-12-16T22:36:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/269925542.md)
  - [en](https://longbridge.com/en/news/269925542.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/269925542.md)
---

# Citi Remains a Buy on Shopping Centres Australasia Property Group RE (SCPAF)

In a report released today, Howard Penny from Citi maintained a Buy rating on Shopping Centres Australasia Property Group RE, with a price target of A$2.40.

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According to TipRanks, Penny is a 4-star analyst with an average return of 7.7% and a 68.67% success rate. Penny covers the Real Estate sector, focusing on stocks such as Goodman Group, Scentre Group, and GPT Group.

The word on The Street in general, suggests a Hold analyst consensus rating for Shopping Centres Australasia Property Group RE with a $1.58 average price target.

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