Risk factor
Considerable default risk
Profitability factor
Excellent dividends
About
Argosy Property Limited manages a substantial real estate portfolio within New Zealand. This portfolio consists of approximately 100 diverse properties, encompassing retail, industrial, and commercial sectors. A majority of these assets are strategically located in prominent New Zealand cities, namely Auckland, Hamilton, and Wellington. The firm, previously known as Argosy Property Trust, is headquartered in Auckland, New Zealand.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair value on EV
Target Price
The average target price of ARG.NZ is 1.27 and suggests 19.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in