Download full report with analyst certification and important disclosures
Jun 28 2021, 07:05 IST/BST
Our in-house forecasts are now predicting a significant acceleration in house price inflation (HPI) in the coming months. Factoring this into our model has driven a meaningful upgrade of earnings estimates for Glenveagh, starting in FY 2022. We have also increased our price target by c.4% to €1.41. We reiterate our ‘Outperform’ rating.