Download full report with analyst certification and important disclosures
Mar 5 2024, 07:05 GMT
TRIG’s financial performance has been impacted by the more challenging recent macro-economic backdrop. Its near-term returns outlook remains subdued, although the longer-term operating environment should become more accommodating. In this context, the recent reset in its equity valuation presents a more attractive entry point to the stock. However, with superior returns available elsewhere across our coverage universe, we reiterate our ‘Neutral’ recommendation with a 12-month price target of 135p/share.
Mar 5 2024, 07:05 GMT