(Boursier.com) — Unibail-Rodamco-Westfield remains below 70 euros, while the group reacted favorably this week to the publication of a recurring net result up 5.2% over one year, to 1.41 billion euros, while, per share , it stood at 9.62 euros, up 3.3%. For the past financial year, the group aimed at at least 9.50 euros. The group now expects adjusted recurring net income per share of between 9.65 and 9.80 euros this year, while its key indicators grew more than expected last year…
Building on these results, URW decided to renew its distribution policy. The group will propose at its general meeting on April 30 the payment of a dividend of 2.50 euros per share for the 2023 financial year. Among the latest broker opinions, Jefferies has gone back from buy to ‘hold’ on Unibail with a price target of 78 euros. The stock has gained more than 6% over the past 5 sessions.
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