Argosy Property stock falls 1.99 percent in NZX trading

Published on 10/07/2026 at 03:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Argosy Property stock trades at NZD 0.98 on October 7, 2026, near its NZD 0.97 yearly low. Three analysts set a NZD 1.210 average target.

ARG, NZARGE0010S7, Illustration mit AI erstellt.

Argosy Property (NZARGE0010S7) was trading at NZD 0.98 on the NZX at 1:20 p.m. NZDT on October 7, 2026, down 1.99 percent from the prior close. The move places the New Zealand property trust only NZD 0.01 above its 52-week low of NZD 0.97, while the 52-week high stands at NZD 1.35.

Revenue rose 1.68 percent

The latest financial comparison gives the stock a second reference point. Eulerpool lists Argosy Property revenue at NZD 155.73 million in 2026, versus NZD 153.15 million in the prior period, a rise of 1.68 percent.

The revenue figure sits alongside a large rental property base. According to Argosy Property, its portfolio spans office and industrial property and includes 49 properties, 15 green buildings and 183 tenants. That mix makes occupancy, leasing terms and property valuations central to the next results cycle.

Consensus target reaches NZD 1.210

The analyst picture is more constructive than the intraday price action. Investing.com reports a Buy consensus from 3 analysts, with 1 Buy, 2 Holds and 0 Sells. The average 12-month target is NZD 1.210, with a high of NZD 1.27 and a low of NZD 1.17.

Against the NZD 0.98 price on October 7, 2026, the average target lies 23.47 percent above the share price. The target spread of NZD 0.10 between the low and high estimates shows that the consensus is positive while still allowing for different views on property values, financing costs and leasing conditions.

Stock tests its yearly low

Argosy Property's NZD 860.9 million market capitalization and 511,785-share volume on October 7, 2026 frame the decline as a move in a relatively small listed property vehicle. The session range was NZD 0.98 to NZD 1.01, keeping the latest quote at the day's low.

The company's next report is scheduled for November 25, 2026, according to TradingView. That date gives investors a concrete checkpoint for testing the 2026 revenue trend against operating performance and the market's NZD 1.210 average target.