Goldman Sachs cut target for Inmobiliaria Colonial stock to EUR 4.60

Published on 10/08/2026 at 14:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rental income rose 5.00 percent in the first half of 2026. Inmobiliaria Colonial stock costs EUR 4.86 on October 8, 2026 after EUR 4.89.

Inmobiliaria Colonial, ES0139140174, Illustration mit AI erstellt.

Inmobiliaria Colonial (ISIN ES0139140174) was trading at EUR 4.86 at Lang & Schwarz on October 8, 2026 at 2:30 p.m. CEST, down 0.61 percent versus the EUR 4.89 prior close. According to Merca2 on September 9, 2026, Goldman Sachs cut its target for Colonial from EUR 5.45 to EUR 4.60 and downgraded the stock from Neutral to Sell.

What changed in the target?

The target cut puts the analyst view below the Lang & Schwarz price by EUR 0.26. Merca2 said Goldman Sachs pointed to office vacancy in Paris, slower rental growth, development commercialisation risks and higher debt costs as the main concerns.

That negative view contrasts with Colonial's operating figures. In the first half of 2026, gross rental income rose 5.00 percent year on year to EUR 207.00 million, while EPRA earnings increased 4.00 percent to EUR 111.00 million, according to Yahoo Finance in the July 23, 2026 earnings transcript.

Three dated signals for Colonial

On April 29, 2026, Colonial reported EUR 350.00 million in divestments. On June 18, 2026, Colonial reported that shareholders approved a EUR 0.32 per share dividend. On September 9, 2026, Goldman Sachs cut its target to EUR 4.60, the latest dated event in this sequence.

Next reporting date

Investing.com lists November 18, 2026, for Colonial's next quarterly results. The date gives the market a defined checkpoint for rental growth, occupancy and financing costs after the target reduction.

Stock price and investor reference

The Lang & Schwarz quote was EUR 4.86 on October 8, 2026 at 2:30 p.m. CEST, down 0.61 percent versus the EUR 4.89 prior close at Lang & Schwarz on October 7, 2026. Inmobiliaria Colonial's market capitalization was EUR 3.0 billion as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Inmobiliaria Colonial stock.