Icade receives Investment Bank Analyst Rating Update
PARIS (Reuters) - French property company Icade said on Monday that it had agreed to sell off its shares in its Icade Sante division for around 1.4 billion euros ($1.50 billion),...
As an office and healthcare property investment company (portfolio worth €15.1bn on a full consolidation basis as of 12/31/2022) and a developer of homes, offices and public amenities (2022 economic revenue of €1.3bn), Icade designs, builds, manages and invests in cities, neighbourhoods and buildings that are innovative, diverse, inclusive and connected, with a reduced carbon footprint. Desirable places to live and work. In collaboration with its stakeholders, Icade has made low carbon a strategic priority in order to reinvent real estate and create cities that are healthier, happier and more hospitable. Icade is a key player in Greater Paris and major French cities. It is listed as a “SIIC” on Euronext Paris and its leading shareholder is the Caisse des Dépôts group.
|Average||50.02 (+27.99% Upside)|
|No. of Analysts||12|
|Moving Averages||Strong Buy||Strong Buy||Strong Buy||Neutral||Strong Sell|
|Technical Indicators||Strong Buy||Strong Buy||Strong Buy||Sell||Strong Sell|
|Summary||Strong Buy||Strong Buy||Strong Buy||Neutral||Strong Sell|