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Davy Research

Cairn Homes

Slower ex-Dublin asking prices lower our forecasts

Sep 30 2019, 07:25 IST/BST
Colin Sheridan CFA
Company Report
6 page(s)

Sectors : Construction and Housebuilding

Companies : Cairn Homes

Ratings and price correct at time of issue.

Cairn Homes

Closing Price: 114c
RATING 26/08/15
OUTPERFORM
PREVIOUS RATING N/A

Colin Sheridan CFA

Analyst

DAVY VIEW

The Davy/MyHome report published this morning reveals a significant slowdown in asking price inflation in Q3 outside Dublin. These data have led us to lower our house price inflation (HPI) assumptions and contributed to downgrades of c.20% on an EPS level.

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Sep 30 2019, 07:25 IST/BST

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Cairn Homes

Slower ex-Dublin asking prices lower our forecasts

Cairn Homes

RATING 26/08/15

Colin Sheridan CFA

DAVY VIEW

Download full report with analyst certification and important disclosures