Construction and Housebuilding

Budget 2025 – no major surprises

  • Sectors : Construction and Housebuilding
  • Companies : permanent tsb Group | Cairn Homes | Glenveagh Properties | Bank of Ireland | AIB Group

Ratings

Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
Glenveagh Properties OUTPERFORM 10/11/17 N/A N/A 155c
AIB Group OUTPERFORM 23/01/19 Neutral 14/08/18 487c
Bank of Ireland OUTPERFORM 11/03/13 Neutral 14/08/12 939c
permanent tsb Group OUTPERFORM 04/02/21 Neutral 06/03/19 170c
Cairn Homes OUTPERFORM 26/08/15 N/A N/A 195c

DAVY VIEW

In line with expectations, the bank levy has been extended by a further year – levies on the financial system in Ireland have a history of remaining in place for prolonged periods. The extension of Help to Buy until 2029 provides important clarity to first-time buyers and the housebuilding sector.

Download full report with analyst certification and important disclosures

Oct 1 2024, 17:18 IST/BST

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