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URW: Leadership Transition Will Drive Further Margin Expansion And Earnings Momentum

Update shared on 28 Nov 2025

Fair value Increased 0.67%
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Analysts have slightly raised their price target for Unibail-Rodamco-Westfield to €103.39 from €102.70, citing modest improvements in profit margin and valuation metrics.

What's in the News

  • Vincent Rouget, currently Chief Strategy and Investment Officer and acting as COO Europe, will become CEO of Unibail-Rodamco-Westfield effective January 1, 2026 (Key Developments).
  • The Supervisory Board has accelerated its succession plan to ensure leadership continuity beyond 2028 (Key Developments).
  • The transition comes following a period of strong operational performance and the achievement of milestones under the "A Platform for Growth 2025-2028" business plan (Key Developments).
  • Current CEO Jean-Marie Tritant, who has served since 2021, will remain in place to ensure a smooth leadership transition through the end of the year (Key Developments).

Valuation Changes

  • Consensus Analyst Price Target has risen slightly to €103.39 from €102.70.
  • Discount Rate increased marginally, now at 10.04% compared with 9.99% previously.
  • Revenue Growth projection remains largely unchanged, at -8.45%.
  • Net Profit Margin improved, now standing at 83.21% up from 81.47%.
  • Future P/E ratio decreased modestly, moving from 8.77x to 8.65x.

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