Jefferies cuts Warehouses De Pauw stock target from EUR 23.00 to EUR 19.50

Published on 10/16/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs set a EUR 22.90 target on October 15, 2026. Warehouses De Pauw stock costs EUR 19.38 on October 16, 2026, below EUR 26.18 high.

Analyst caution meets operating growth

Jefferies cut its target from EUR 23.00 to EUR 19.50 on October 14, 2026.
Second-quarter 2026 revenue reached EUR 146.90 million and net income EUR 91.20 million.
Warehouses De Pauw stock traded at EUR 19.38 at 10:40 a.m. CEST at Lang & Schwarz on October 16, 2026.

WDP, BE0974349814, Illustration mit AI erstellt.

Warehouses De Pauw (ISIN BE0974349814) was trading at EUR 19.38 at Lang & Schwarz on October 16, 2026 at 10:40 a.m. CEST. The latest analyst move came from Jefferies, which cut its target from EUR 23.00 to EUR 19.50 on October 14, 2026, while keeping a Hold rating, according to Markets Insider.

Target cut tests the equity story

Jefferies cited valuation pressure from higher-for-longer interest rates and warned that a second decline in property valuations could weigh on European real estate stocks. The target cut places the new EUR 19.50 level only EUR 0.12 above the Lang & Schwarz price, but the two figures come from different market contexts and are not a daily performance comparison.

Goldman Sachs took a more constructive view on October 15, 2026, assigning WDP a Buy rating and a EUR 22.90 target. Investing.com said the bank favored WDP's logistics exposure and acquisition potential. That target is EUR 3.52 above the Lang & Schwarz price, or 18.16 percent using the price as the base.

What does operating growth mean?

WDP's second-quarter 2026 revenue was EUR 146.90 million, up 16.00 percent from the second quarter of 2025, while net income reached EUR 91.20 million, up 28.00 percent. Simply Wall St reported the figures on the company's results page, which also listed adjusted earnings per share of EUR 0.38 versus EUR 0.31 a year earlier, according to Simply Wall St. The combination of higher earnings and a lower analyst target leaves financing costs and acquisition returns as the key valuation questions.

Three milestones shaped the year

On July 23, 2026, WDP agreed to acquire Argan for EUR 1.73 billion. On August 4, 2026, second-quarter revenue reached EUR 146.90 million. On October 14, 2026, Jefferies reduced its target from EUR 23.00 to EUR 19.50. These events connect expansion, operating delivery and a more cautious valuation view.

Reporting dates ahead

The next reported earnings date is October 23, 2026, according to Simply Wall St. The fiscal year 2026 results are scheduled for January 29, 2027, with the report time listed as 7:00 a.m. Central European Standard Time by the same source.

Stock remains below its yearly high

WDP's 52-week range is EUR 18.56 to EUR 26.18, putting the current Lang & Schwarz price EUR 6.80 below the high and EUR 0.82 above the low. The company is listed on Euronext Brussels and Amsterdam and operates logistics real estate across six European regions, according to its investor information.

Warehouses De Pauw was trading at EUR 19.38 at Lang & Schwarz on October 16, 2026 at 10:40 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Warehouses De Pauw stock.