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Unibail RW: Invest Securities maintains buy rating

(CercleFinance.com) - Invest Securities believes that Unibail-Rodamco-Westfield published H1 2019 results that still contrast with the market's mistrust of the group.


Following this publication, the broker maintains its Buy rating on the share, maintaining its target price of 185 euros.

Sound operating performance in Continental Europe (organic growth of +3.3% in rents) adds to the ongoing stabilisation of US assets. URW has also marginally raised its guidance for 2019 recurrent net income per share to 12.10 euros to 12.30 euros (+2.5%), the broker said.


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