A: Thanks for the question about Shopping Centres Australia (SCP).

You haven’t told me why you own the stock and how material it is to your portfolio, so it is a little hard to comment.

That said, I don’t really like the stock. Although it has cheapened considerably, the industry faces headwinds.

For what it is worth, the major brokers are marginally negative on the stock with 3 neutral recommendations and 2 sell recommendations. According to FN Arena, the consensus target price is $2.23, 1c higher than the last market price of $2.22.