Disruptive technology

May UK housing snapshot

  • Companies : Purplebricks Group plc | Rightmove plc

Ratings

Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
AO World plc NEUTRAL 22/09/21 N/A N/A 74.1p
ASOS plc NEUTRAL 29/09/21 N/A N/A 1456p
Auto Trader Group plc NEUTRAL 24/01/22 N/A N/A 577p
Auto1 Group SE NEUTRAL 09/02/22 N/A N/A 924c
boohoo group plc OUTPERFORM 22/09/21 N/A N/A 77.0p
Carvana Co NEUTRAL 09/02/22 N/A N/A 2541c
Cazoo Group NEUTRAL 08/09/21 N/A N/A 10253c
Deliveroo plc OUTPERFORM 18/01/22 N/A N/A 96.7p
Delivery Hero OUTPERFORM 18/01/22 N/A N/A 4015c
DoorDash Inc NEUTRAL 18/01/22 N/A N/A 6993c
HelloFresh SE OUTPERFORM 09/02/22 N/A N/A 3566c
In the Style Group plc OUTPERFORM 22/09/21 N/A N/A 88.0p
Just Eat Takeaway.com OUTPERFORM 18/01/22 N/A N/A 2138c
Moonpig Group plc NEUTRAL 06/10/21 N/A N/A 253p
musicMagpie plc NEUTRAL 29/09/21 N/A N/A 50.0p
Naked Wines plc NEUTRAL 06/10/21 N/A N/A 351p
On the Beach Group plc NEUTRAL 06/10/21 N/A N/A 198p
Purplebricks Group plc NEUTRAL 24/01/22 N/A N/A 17.5p
Rightmove plc OUTPERFORM 24/01/22 N/A N/A 574p

DAVY VIEW

As per the capital markets, observers of the UK housing market are confused. May 2022 produced another drop in the sentiment-led Twindig index (down 3.4%), triggered by rising mortgage rates and falling mortgage approvals and transactions. May spells the end of the pandemic highs, but it is too soon to say if we fall below historic norms. We see two competing forces at play – the ‘race for space’ versus the cost-of-living crisis.

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Jun 8 2022, 07:00 IST/BST

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