ubs raises aroundtown price target to 3.30 euros maintaining neutral rating

Aroundtown's price target has been raised by UBS from 2.00 euros to 3.30 euros, with a "Neutral" rating being maintained. The increase is attributed to lower capital costs, which reflect a decrease in debt and liquidity risks.

It is anticipated that the operating sector key figure FFO for the year will reach the upper end of the previous target range, although concerns regarding dividend risks persist.

Aroundtown remains one of the most short-sold stocks in the European commercial real estate sector. Profit distributions are projected to resume by 2026, highlighting the stock's strong performance since the beginning of the year.

As of the latest trading data, Aroundtown shares are priced at approximately 3.158 euros, showing a slight increase of 0.10%.

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