Goldman Sachs cuts target for Unibail-Rodamco-Westfield stock to EUR 124.00
Published on 10/14/2026 at 13:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget cuts and reporting dates
- Goldman Sachs cut its URW target from EUR 135.00 to EUR 124.00 on October 12, 2026.
- H1 2026 adjusted recurring earnings per share fell 5.20 percent to EUR 4.84.
- Unibail-Rodamco-Westfield stock traded at EUR 89.12 at 1:06 p.m. CEST at Lang & Schwarz on October 14, 2026.
- Third-quarter 2026 results are scheduled for October 22, 2026.
Goldman Sachs cut its target for Unibail-Rodamco-Westfield stock from EUR 135.00 to EUR 124.00 on October 12, 2026, while keeping a Buy rating, Ideal Investisseur reported. The cut leaves the target EUR 34.88 above the Lang & Schwarz price of EUR 89.12 on October 14, 2026.
The target still implies a wide gap
The revised EUR 124.00 target is 39.28 percent above EUR 89.12, calculated in the same currency. That gap is material, but the direction of the estimate changed: Goldman Sachs reduced its target by 8.15 percent from EUR 135.00.
Citi also maintained a Buy rating while lowering its target from EUR 117.30 to EUR 111.30 on October 9, 2026, according to Markets Insider. The two target cuts put analyst expectations alongside a clear valuation question for the retail property group.
H1 earnings show the pressure point
URW's investor page lists adjusted recurring earnings per share of EUR 4.84 for the first half of 2026, down 5.20 percent from EUR 5.11 in the first half of 2025. The same page reports a 38.80 percent loan-to-value ratio and an average cost of total debt of 2.30 percent as of June 30, 2026, URW states.
The earnings comparison explains why target revisions matter more than a single trading session. Lower recurring earnings per share and a 2.30 percent debt cost keep financing conditions central to the investment case, even as the company continues its 2025-28 business plan.
Three dates frame the recent story
On July 30, 2026, URW reported first-half adjusted recurring earnings per share of EUR 4.84. On October 9, 2026, Citi kept its Buy rating and set a EUR 111.30 target. On October 12, 2026, Goldman Sachs kept its Buy rating but cut its target from EUR 135.00 to EUR 124.00, as documented by Ideal Investisseur and Markets Insider.
What comes next for URW?
URW's next confirmed reporting date is October 22, 2026, when third-quarter 2026 results are scheduled, according to Ideal Investisseur. The release will give investors a fresh operating checkpoint after the first-half earnings decline and the October analyst revisions.
Stock remains below its yearly high
Unibail-Rodamco-Westfield stock was trading at EUR 89.12 at Lang & Schwarz on October 14, 2026, at 1:06 p.m. CEST. The EUR 106.65 52-week high leaves the stock 16.44 percent below that level.
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The further course of trading is shown by the continuously updated real-time quote of Unibail-Rodamco-Westfield stock.URW stock facts
- Company: Unibail-Rodamco-Westfield SE
- ISIN: FR0013326246
- Ticker: URW.PA
- Primary exchange: Euronext Paris
- Price Lang & Schwarz as of October 14, 2026, 1:06 p.m. CEST: EUR 89.12
- Market capitalization: EUR 12.9 billion as of October 14, 2026
- 52-week range: EUR 85.98-EUR 106.65 as of October 14, 2026
- Sector / Industry: Real estate
- Index membership: CAC 40
