Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Prisma Properties AB ( (SE:PRISMA) ) is now available.
Prisma Properties has updated its financial target, reflecting a shift from a build-up phase to a growth phase. The company aims to double its property portfolio to SEK 16 billion by 2028 through strategic acquisitions and project development while maintaining financial stability. The board has increased the long-term loan-to-value ratio target from 50 to 55 percent, allowing for a temporary increase to 60 percent. This move is intended to boost investment capacity and shareholder value, aligning with Prisma’s strategy for capital-optimized profitable growth.
The most recent analyst rating on (SE:PRISMA) stock is a Hold with a SEK27.00 price target. To see the full list of analyst forecasts on Prisma Properties AB stock, see the SE:PRISMA Stock Forecast page.
More about Prisma Properties AB
Prisma Properties is a leading developer and owner of modern properties in the discount retail, grocery retail, and quick-service restaurant sectors. The company primarily operates in Sweden and Denmark, with plans to expand throughout the Nordic region. It focuses on sustainability and accessibility, investing in next-generation retail centers and electric vehicle charging stations. Prisma Properties is listed on Nasdaq Stockholm Mid Cap under the ticker PRISMA, with its head office in Stockholm.
Average Trading Volume: 13,563
Technical Sentiment Signal: Sell
Current Market Cap: SEK4.03B
Learn more about PRISMA stock on TipRanks’ Stock Analysis page.