New Buy Entry Alert RFF

Time Frame : Daily/Weekly

Sector : Real Estate

Key Stats : $698.68 Million Market Cap, VWAP 2.106, ASX Ranking 282, 4 Week Av Turnover $635,636, Current Turnover (Intraday as at time of alert) $693,849, PE Ratio 14.9, Div Yield 4.82%.

Company Overview : Rural Funds Group (RFF) is a real estate property trust which owns a diversified portfolio of Australian agricultural assets. RFF’s investment objective is to generate a stable income stream derived from leasing its assets to suitable counterparts and capital growth through any appreciation in the value of those assets. RFF is a stapled security, incorporating Rural Funds Trust and RF Active. Rural Funds Management Ltd (RFM) is the responsible entity of RFF.

Broker Consensus : BUY

RFF – Rural Funds Group

RFF is still looking good so we are having another go at the buy entry. Happy to buy on a push up through 2.17 and will hold the stop loss at 2.08. If price trades lower at 2.08 prior to entry, we will cancel the alert and re-assess the action.

Stock Code : RFF – Rural Funds Group

Company Website : www.ruralfunds.com.au

Current Price : 2.13

New Buy Entry Level (Trigger Level) : 2.17

Potential Sell Exit Zone (Stop Loss) : 2.05

Status : On watch for a Buy entry trigger