tiprankstipranks
The Fly

Aroundtown upgraded to Neutral from Underperform at Exane BNP Paribas

Aroundtown upgraded to Neutral from Underperform at Exane BNP Paribas

Exane BNP Paribas analyst Rob Jones upgraded Aroundtown to Neutral from Underperform with a EUR 2 price target. The European real estate sector is getting close to asset value troughs, the analyst tells investors in a research note. The firm says the buy-side is materially underweight the sector, which is likely to change going into 2024.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on AANNF:

Questions or Comments about the article? Write to editor@tipranks.com