Analysts boost forecasts after Arvida completes acquisitions
Analysts lifted expectations for the aged care provider, whose stock is still below IPO price.
Calida Smylie Thu, 30 Jul 2015
Analysts lifted their forecasts and target price for aged care provider Arvida Group [NZX: ARV], after it completed an opportunistic acquisition of three Auckland villages.
Earlier this month, Arvida bought facilities in Epsom, Brown’s Bay and Albany from the Aria Retirement Villages group for $62
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