Risk factor
Negligible price volatility
Profitability factor
Good growth
About
Operating across Brazil, Iguatemi S.A. and its subsidiaries specialize in the development and management of diverse retail and commercial properties. The company's activities encompass the conceptualization, construction, and ongoing administration of shopping malls, outlet centers, integrated real estate complexes, and office towers. Its current portfolio boasts 14 shopping centers, 2 outlet locations, and 3 corporate high-rises, covering a combined gross leased area of approximately 711,000 square meters. Additionally, Iguatemi provides expertise in economic, financial, and tax advisory, alongside general consulting services. Established in 1946 with headquarters in São Paulo, Brazil, the entity transitioned its legal name from Jereissati Participações S.A. to Iguatemi S.A. in November 2021.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of IGTI11.SA is 35.0 and suggests 33.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to