AlphaValue/Baader Europe Raises Unibail-Rodamco-Westfield's Price Target, Trims EPS Expectations

10:55 AM EDT, 08/03/2026 (MT Newswires) -- AlphaValue/Baader Europe's price target for sell-rated Unibail-Rodamco-Westfield (URW.PA) surged to 71 euros from 57 euros on Monday, while earnings projections were trimmed. "Scaling back the scope of operations has enabled a gradual reduction in risk through debt reduction. However, this risk reduction is far from sufficient to warrant a positive rating. The increase in our target price is driven primarily by the higher dividends management has promised for 2027, at the expense of further deleveraging, and by the concurrent rise in DCF- and NAV-based valuations," analysts wrote. In addition, the research firm said it does not expect positive momentum for EPS amid the retail and commercial property landlord's recent disposals. As such, EPS is expected at 9.28 euros in 2026 and 9.21 euros in 2027, which are down 1.98% and 0.51% from prior expectations. "In a nutshell, there is no room for strong perimeter expansion, and this profile makes EPS particularly sensitive to interest rate markets-especially since the plan for a complete exit from the US was abandoned," the note added.