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(Boursier.com) — Argan advances 0.4% to 72.9 euros the day after its quarterly point. Based on the very good rental dynamics of the first nine months of 2024 and in a context of occupancy of its warehouses remaining at maximum, the property company specializing in warehouse rental has adjusted its rental income objective upwards from 197 to 198 ME for the whole of 2024, an increase of +8% over one year compared to 2023.
The operational dynamics over 9 months allow us to envisage a year 2025 which will continue to grow, indicates Oddo BHF. The analyst reiterates his ‘outperformance’ opinion on the stock due to prospects that are still well oriented on the top line but also a falling interest rate environment which should benefit the company in the context of its future refinancing. ..
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