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An update from Argo Investments Limited ( (AU:ARG) ) is now available.
Argo Investments Limited reported its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday’s market close, with the figures being unaudited and approximate. The company highlights its diversified, low-cost, and internally managed investment approach, along with a strong balance sheet 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 is one of Australia’s oldest and largest listed investment companies, founded in Adelaide in 1946. It is among the ASX’s top 100 companies, managing over $8 billion for approximately 90,000 shareholders.
YTD Price Performance: 5.28%
Average Trading Volume: 287,047
Technical Sentiment Signal: Strong Buy
Learn more about ARG stock on TipRanks’ Stock Analysis page.