Report
EUR 13.73 For Business Accounts Only

ARGOSY PROPERTY sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of ARGOSY PROPERTY (NZ), active in the Real Estate Holding & Development industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date August 3, 2021, the closing price was NZD 1.59 and its target price was estimated at NZD 1.42.
Underlying
Argosy Property Limited

Argosy Property Limited. Argosy Property Limited invests in and manages properties, including industrial, office and retail properties throughout New Zealand. The Company's segments include Industrial, Office and Retail. The Company owns a portfolio of industrial, office and retail properties in Auckland and Wellington. The Company's industrial portfolio consists of approximately 40 buildings throughout New Zealand, and includes distribution centers, logistics warehouses, as well as numerous other corporate and owner-operated businesses. Its office portfolio includes houses government departments, as well as New Zealand and international businesses. Its Retail portfolio consists of large format retail stores. The Company's properties in Auckland are located in areas, including Manukau, East Tamaki, Panmure, Albany, Mangere, Mount Wellington and Henderson. Its properties in Wellington are located in areas, including Kaiwharawhara, Seaview and Grenada North.

Provider
TheScreener
TheScreener

Empowering Investors

theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals.  Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.

  • Worldwide coverage: theScreener analyses cover around 6'500 Stocks, i.e 95% of the world Market Capitalization.  theScreener state of art: We provide
  • theScreener state of art: We provide easy to use and complete analyses over Stocks, including Fundamentals / Technical / Risk/ Peer / Alternatives analyses.
  • For Research Pool community, we provide twice a week around 500 new equity analyses. We produce analyses about equities which have been upgraded or downgraded

 

Other Reports on these Companies
Other Reports from TheScreener

ResearchPool Subscriptions

Get the most out of your insights

Get in touch