Separately, Cheuvreux began coverage on shares of Argan in a research report on Wednesday. They set a buy rating for the company.
Shares of OTCMKTS:ARLLF opened at $110.85 on Thursday.
Argan SA engages in designing, building, developing, owning, leasing, and managing logistical platforms in France. It is also involved in the development and management of land. The company's real estate property consists of a total area of 806,000 square meters. It serves shippers and logistics companies.
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