In a report released today, Darren Leung from Macquarie maintained a Hold rating on Domain Holdings Australia Ltd. (DHG – Research Report), with a price target of A$2.85. The company’s shares opened today at A$2.65.

According to TipRanks, Leung is a 2-star analyst with an average return of 1.2% and a 54.05% success rate.

Domain Holdings Australia Ltd. has an analyst consensus of Hold, with a price target consensus of A$3.04, which is a 14.72% upside from current levels. In a report released on January 21, Citi also maintained a Hold rating on the stock with a A$3.20 price target.

DHG market cap is currently A$1.7B and has a P/E ratio of 40.03.

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Domain is an Australian real estate services business that owns real estate listings websites and print magazines, and provides real estate-related services. Domain was formed as a home and lifestyle section of newspapers owned by Fairfax Media Limited (ASX:FXJ) in 1996, and an associated residential real estate website, www.domain.com.au, was launched in 1999. Domain’s real estate listings website has grown to become its core business and the second- largest residential real estate website in Australia, after REA Group’s (ASX:REA) owned www.realestate.com.au. Newscorp (ASX:NWS) owns 60% of REA Group.