Glenveagh Properties

Another good year likely in 2024; increasing price target to 198c

  • Sectors : Construction and Housebuilding
  • Companies : Glenveagh Properties

Ratings and price correct at time of issue.

  • Glenveagh Properties

    Closing Price: 124c

  • RATING 10/11/17

  • PREVIOUS RATING N/A

DAVY VIEW

We see both re-rating potential and earnings upside in Glenveagh Properties in the coming 12 months. The stock is our top pick in the homebuilding sector, and our price target of 198c offers almost 60% upside from current levels. We reiterate our ‘Outperform’ rating.

Download full report with analyst certification and important disclosures

Apr 10 2024, 07:05 IST/BST

Download