ENXTPA:ARGIndustrial REITs
Argan (ENXTPA:ARG) Could Be 17% Below Fair Value Following Ferrero Warehouse Deal
Argan (ENXTPA:ARG) has expanded its French logistics footprint with the acquisition of two newly delivered, food grade warehouses near Rouen, fully leased to Ferrero on 10 year fixed contracts.
See our latest analysis for Argan.
Against this operational backdrop, Argan’s share price has shown modest positive momentum, with a 7 day share price return of 3.31% and a 30 day share price return of 4.34%, while the 1 year total shareholder return stands at 4.16%.
If this kind of logistics focused...