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The latest update is out from Argo Investments Limited ( (AU:ARG) ).
Argo Investments reported an estimated pre-tax net tangible asset backing of $10.46 per share as at 6 March 2026, compared with a share price of $8.92 at the prior Friday close, with the NTA figures described as unaudited and approximate. The disclosure underlines Argo’s positioning as a diversified, low-cost LIC offering simple exposure to the Australian sharemarket, reinforcing its appeal to income-focused and long-term investors through its emphasis on sustainable dividends and balance-sheet strength, though without signalling any immediate change in strategy or operations.
The most recent analyst rating on (AU:ARG) stock is a Buy with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
More about Argo Investments Limited
Argo Investments Limited is one of Australia’s oldest and largest listed investment companies, founded in Adelaide in 1946 and now a member of the ASX 100. The low-cost, internally managed LIC oversees a diversified portfolio worth more than $8 billion for about 90,000 shareholders, emphasising a long-term, conservative approach, a strong debt-free balance sheet and fully franked, sustainable dividends.
Average Trading Volume: 277,840
Technical Sentiment Signal: Buy
See more data about ARG stock on TipRanks’ Stock Analysis page.