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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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Calida Smylie
Thu, 30 Jul 2015
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Analysts boost forecasts after Arvida completes acquisitions
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