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Davy Research

IRES REIT

Positive shift in relative share price performance

Mar 13 2020, 07:35 GMT
Colin Grant
Company Report
5 page(s)

Sectors : REITs

Companies : IRES REIT

Ratings and price correct at time of issue.

IRES REIT

Closing Price: 118c
RATING 08/05/15
OUTPERFORM
PREVIOUS RATING N/A

Colin Grant

Analyst

DAVY VIEW

IRES’ share price has been impacted by political uncertainty and COVID-19. However, its recent trading patterns have improved as it has shown early signs of outperforming both its residential peer group and the ISEQ. The resilience of the business and the security of its income give it strong defensive characteristics.

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Mar 13 2020, 07:35 GMT

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IRES REIT

Positive shift in relative share price performance

IRES REIT

RATING 08/05/15

Colin Grant

DAVY VIEW

Download full report with analyst certification and important disclosures