At mid-morning, Logista Integral’s shares rose 1.53% to 29.30 euros, becoming, by far, the ones with the best performance in an IBEX 35, which at the same time fell 1.40%. The value, which is right now in the Investment Strategies trend portfoliois one of the most immune to the prospects of a stricter monetary policy, since it has a net cash flow of 2,464 million euros, one of the highest in the index.
The value has risen 22.5% in the last 12 months, using the minimum of 23.92 euros on December 22 of last year as a reference. However, it is still 4.30% below the annual maximums at 30.62 euros which he managed to conquer on November 25 of this year.
Of course, analysts expect it to gain momentum again in the medium and long term. According to data compiled by Reuters, on average the analysts who cover Logista give it a ‘buy’ recommendation and a target price of 32.69 euros. This valuation represents an upside potential of 11.5% compared to current levels.
Just yesterday, Alantra analysts improved the target price of the value, although they are less optimistic than the average: they left their valuation at 31.60 euros, with a potential of 7.85% compared to current levels.
Dividends in 2025
The company has also called its next General Shareholders’ Meeting this week for February 5 and 6. At this meeting he intends to approve the distribution of a complementary dividend for fiscal year 2024 of 203 million euros (1.53 euros per share)which will be paid in the first quarter of the calendar year 2025.
Last summer, the board already paid an interim dividend for fiscal year 2024 of 0.56 euros per share, or 74 million euros in total. In this way, the total dividend corresponding to the year 2024 will reach 2.09 euros per share (277 million euros), which represents an increase of 13% compared to the previous year and a Pay Out of 90%.