Are Irish domestic stocks undervalued?
12th February, 2021
Having raised approximately €3.5 billion in equity in 2020, representing 90% of the total equity issued by Irish companies, we believe Irish domestic stocks are undervalued for a number of reasons including Brexit and the relative smaller size of the Irish economy. However, we think the investment thesis and innovative nature of many Irish listed companies provides great opportunity in the future.
To learn more, watch our Head of Capital Markets and Deputy CEO, Bernard Byrne, speaking on Bloomberg Europe TV’s European Open recently.
In this exclusive interview, Bernard spoke also about Davy Group’s plans for expansion into the UK as part of our international growth plans, commenting “we see a huge opportunity of taking the strength of Davy to the UK market”. In an increasingly globalised world, we think we are entering a new era in capital markets with increased investment in technology and a focus on how we bring that investment to traditional enterprises. So, we’re building a team in London with a strong technology bias but which is aligned to our capabilities in traditional sectors, such as food and construction.