Citi says Australia's Domain to outperform REA in listings, bumps up outlook
** Citi forecasts stronger listings growth in Q1 for property marketplace operator Domain Holdings Australia DHG.AX when compared with larger peer REA Group REA.AX
** Brokerage sees 8% Y-O-Y growth for DHG in Q1 vs 7% Y-O-Y growth for REA in Q1
** Citi expects controllable yield growth for DHG to be negatively impacted by free listings coming back to the platform
** Maintains "buy" rating and price target of A$3.65 for DHG
** DHG to provide its trading update for first quarter on Nov. 6
** Citi upgrades DHG's listing volume growth assumption by 1% for the fiscal 2025
** DHG down ~12.2% YTD as of last close vs 31.6% rise on the ASX All Technology index .AXTX
Reporting by Nikita Maria Jino in Bengaluru
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