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An update from Argo Investments Limited ( (AU:ARG) ) is now available.
Argo Investments reported an estimated pre-tax net tangible asset backing of $10.25 per share as at Friday, 13 March 2026, compared with a share price of $8.99 at the close of trading. The unaudited figures highlight a discount of the market price to asset backing and underscore Argo’s positioning as a diversified, low-cost LIC with no debt, a long-term investment approach, and an emphasis on reliable, fully franked dividends for its large retail shareholder base.
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 among the ASX top 100. The company manages a diversified portfolio of more than $8 billion on behalf of approximately 90,000 shareholders, offering low-cost, internally managed exposure to Australian equities with fully franked, sustainable dividends.
YTD Price Performance: 0.60%
Average Trading Volume: 292,447
Technical Sentiment Signal: Strong Buy
See more insights into ARG stock on TipRanks’ Stock Analysis page.