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Argo Investments Limited ( (AU:ARG) ) just unveiled an announcement.
Argo Investments Limited has announced its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday’s market close, with the NTA figures being unaudited and approximate. The company highlights its diversified, low-cost, and internally managed investment approach, emphasizing its strong balance sheet with no debt, experienced management, and sustainable dividends, which positions it favorably in the market.
The most recent analyst rating on (AU:ARG) stock is a Hold 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, listed on the ASX under the code ARG, is one of Australia’s oldest and largest listed investment companies (LICs). Founded in Adelaide in 1946, it ranks among the ASX’s top 100 companies, managing over $8 billion for approximately 90,000 shareholders.
YTD Price Performance: 4.82%
Average Trading Volume: 282,759
Technical Sentiment Signal: Buy
For a thorough assessment of ARG stock, go to TipRanks’ Stock Analysis page.