Risk factor
Low price volatility
Profitability factor
Excellent dividends
About
VGP NV, through its various subsidiaries, is primarily engaged in the development, ownership, and administration of real estate tailored for logistics and light industrial purposes, often supplemented by ancillary office facilities. These premises are subsequently rented out to clients within the logistics sector, who utilize them for activities such as storage, product assembly, reconditioning, and final goods processing. In addition to its core property business, the company provides a comprehensive array of services. These include meticulous property management, as well as extensive asset management functions covering corporate governance, financial planning, business strategy, performance reporting, budget formulation, and the oversight of legal and tax matters. VGP also offers specialized project management and leasing assistance, alongside facility management services like routine maintenance, waste disposal, and groundskeeping. Its geographical presence spans numerous European countries, specifically Germany, Spain, France, Italy, the Netherlands, Austria, Portugal, the Czech Republic, Slovakia, Hungary, Romania, Serbia, and Latvia. Founded in 1998, the firm's headquarters are situated in Antwerp, Belgium.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV
Target Price
The average target price of VGP.BR is 92 and suggests 16% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa