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An update from Argo Investments Limited ( (AU:ARG) ) is now available.
Argo Investments Limited has released its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday’s market close, with figures being unaudited and approximate. The company highlights its diversified, low-cost, and internally managed investment approach, supported by a strong balance sheet with no debt, an experienced management team, and a commitment to providing fully-franked, sustainable dividends. This announcement underscores Argo’s long-term, proven investment strategy and its stable position 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, established in Adelaide in 1946, is one of Australia’s oldest and largest listed investment companies (LICs). It is among the ASX’s top 100 companies, managing over $8 billion for approximately 90,000 shareholders.
YTD Price Performance: 4.01%
Average Trading Volume: 283,703
Technical Sentiment Signal: Buy
See more data about ARG stock on TipRanks’ Stock Analysis page.