Aroundtown stock falls 1.78 percent as analysts cut targets

Published on 09/30/2026 at 13:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 2026 net rental income held at EUR 591.0 million, while FFO I fell 4.00 percent to EUR 144.0 million. Goldman Sachs cut its target to EUR 1.80.

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Aroundtown stock (ISIN LU1673108939) was trading at EUR 1.66 at Lang & Schwarz on September 30, 2026 at 1:48 p.m. CEST, down 1.78 percent versus the prior close of EUR 1.69. The latest analyst revisions keep financing costs and FFO I at the center of the investment debate.

H1 FFO I falls 4.00 percent

In H1 2026, net rental income held at EUR 591.0 million, matching the prior-year period, while adjusted EBITDA eased from EUR 501.0 million to EUR 500.0 million. FFO I fell 4.00 percent to EUR 144.0 million, with higher financing costs identified as the main pressure point by Joinmares in its H1 2026 review.

The operating picture is therefore mixed rather than uniformly weak. Like-for-like rent growth reached 2.70 percent in H1 2026, while the loan-to-value ratio stood at 43.00 percent and liquidity at EUR 3.9 billion in June 2026, according to Joinmares.

Analyst targets move lower

Goldman Sachs cut its 12-month price target from EUR 1.90 to EUR 1.80 on September 7, 2026, while retaining a Neutral rating. wallstreetONLINE reported that the bank cited a cautious tone linked to higher interest rates and revised capital-cost assumptions.

Jefferies took a more negative stance on September 3, 2026, cutting its target from EUR 2.00 to EUR 1.65 and maintaining an Underperform rating. The research note said a recovery in operating profit remained uncertain, as reported by Finanzen.

Q3 report date is set

Aroundtown's investor-relations calendar lists November 25, 2026, for the Q3 2026 financial report, giving the next scheduled checkpoint for rent growth, financing costs and FFO I. The date appears on the company's Aroundtown investor-relations page.

Stock is 0.61 percent above yearly low

At Lang & Schwarz, Aroundtown stock was trading at EUR 1.66 on September 30, 2026 at 1:48 p.m. CEST, down 1.78 percent versus the prior close of EUR 1.69 on September 29, 2026. The EUR 1.66 quote is 0.61 percent above the EUR 1.65 52-week low and sits below the EUR 3.30 52-week high.