Cairn Homes

Increasing price target to 243c

  • Sectors : Construction and Housebuilding
  • Companies : Cairn Homes

Ratings and price correct at time of issue.

  • Cairn Homes

    Closing Price: 218c

  • RATING 26/08/15

  • PREVIOUS RATING N/A

DAVY VIEW

A clear beat of FY25 guidance has driven a circa 3% upgrade to our Cairn Homes’ FY25 operating profit forecast, with FY27 also moving up by circa 4% (2026 is broadly unchanged). Return on equity is now likely to rise above 17% in our estimates; these two factors drive a circa 6% increase in our price target to 243c.

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Feb 10 2026, 07:00 GMT

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