Barclays Begins Coverage on Argan (OTCMKTS:ARLLF)

Barclays assumed coverage on shares of Argan (OTCMKTS:ARLLF) in a research note released on Thursday morning, The Fly reports. The brokerage issued an overweight rating on the stock.

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 Company Profile

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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