Barclays analyst Paul May double upgraded Unibail-Rodamco-Westfield to Overweight from Underweight with a price target of EUR 58, up from EUR 47. Despite the company’s issues, the stock’s underperformance is “unjust” and its average annual earnings yield of 19% is attractive, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on UNBLF: