IRSA Inversiones Y Representaci with ticker code (IRS) now have 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 7 and 6.7 suggesting an average Analsyt target price of $6.85. Given that the stocks previous close was at $5.42 this would indicate that there is a potential upside of 26.4%. Also worth taking note is the 50 day moving average now sits at $6.00 and the 200 moving average now moves to $4.87. The market capitalization for the company is $945m. You can visit the company’s website by visiting: https://www.irsa.com.ar
The potential market cap would be $1,195m based on the market consensus.
IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes. It also acquires and operates luxury hotels under the Intercontinental, Libertador, and Llao Llao names; develops and sells residential properties; and acquires undeveloped land reserves for future development or sale. The company was incorporated in 1943 and is headquartered in Buenos Aires, Argentina. IRSA Inversiones y Representaciones Sociedad Anónima is a subsidiary of Cresud S.A.C.I.F. y A.
The company has a dividend yield of 3.45% with the ex dividend date set at 25-11-2022 (DMY).
