PRIVATE CLIENTS
- Wealth Management
The most important thing we can do for our clients today is to listen. By understanding what you want out of life, we can help you put the right financial plan and investment strategy in place to achieve your personal goals.
CORPORATE & INSTITUTIONAL
- Asset Management
At Davy Asset Management it is our unique perspective that inspires our thematic styled investment strategies that deliver market leading performance. - Corporate Finance
Davy Corporate Finance is Irelands largest corporate financial adviser.
We work with domestic and international public, private, commercial and semi-state entities, combining innovative advice and proven execution skills, to provide a complete range of integrated corporate finance services. - Institutional Equity
Davy is the market leader in the origination, distribution and trading of Irish equities.
Our equity sales and trading function provides analysis and execution for domestic and overseas institutional investors, including some of the largest global fund managers, hedge funds, sovereign entities and money managers.
- Corporate Broking
Davy Corporate Broking serves a hybrid role combining traditional corporate advisory services, with institutional marketing and equity capital market transaction services.
The Corporate Broking team provides clients with a comprehensive service to help manage their relationships with the market and their existing and potential institutional shareholders.
- Debt & Specialist Finance
Davy's Debt & Specialist Finance team is the largest in Ireland. We act for both borrowers and investors in the global debt markets.
We are active traders in all sovereign bonds and global credits, and are primary dealers of Irish government bonds.
- Money Broking
Davy's Money Broking team acts exclusively in an agency capacity, for professional clients, matching up buyers and sellers in the wholesale financial markets.
Our over-the-counter products and services include interbank deposits, repos, forward rate agreements, swaps and forward foreign exchange rates.
- Fund Services
Davy has been involved with regulated investment funds for over 15 years, and can provide advice and services for clients seeking to establish a fund in Ireland.
- Property
Davy Property is one of the largest direct property investment and asset management businesses in Ireland. Our Property business is focused around Property Management, Property Investment and Portfolio Restructuring & Refinancing.
Davy Research
Industrials
Industrials
Jumping over a high hurdle despite considerable input pressures
Forecast trading profit growth of 2% year-on-year for H1 is well below what Kingspan has achieved in recent times. However, this would still amount to an impressive outcome given a very...
Aug 15 2017
|
Michael Mitchell
,
Flor O'Donoghue
| Company Report |
8 pages
Sector Note - Results from Smurfit Kappa Group and Mondi likely to confirm demand and pricing strength
Smurfit Kappa Group and Mondi Group will report Q2/interim results in the first week of August. While profits for both companies are expected to be lower year-on-year (yoy), the...
Jul 26 2017
|
Barry Dixon
,
Colin Sheridan CFA
| Sector Report |
10 pages
Building up volume, cash and value; stock could be worth up to €1.82 in our scenarios
While Cairn Homes continues its substantial ramp-up of volumes into a recovering Irish housing market, we reflect on what the company are likely to do with a significant cash position...
Jun 27 2017
|
Colin Sheridan CFA
| Company Report |
12 pages
Ireland: Merchanting margins and country RONA can approach peak once again
Grafton’s current Irish prospects are frequently measured by (i) the pace of like-for-like (LFL) revenue growth and (ii) profitability compared to previous peak...
Jun 19 2017
|
Michael Mitchell
,
Flor O'Donoghue
| Company Report |
22 pages
Cash in as cement prices turn in Europe – upgrade to 'Outperform'
While not quite a fallen star, the halo has certainly slipped at HeidelbergCement (HEI). Two disappointing quarters have seen the stock struggle as doubts persist around synergies and...
Jun 16 2017
|
Robert Gardiner
| Company Report |
40 pages
Stick with the winner: updated price target of €37.5 gives 20% further upside
We are revising our Kingspan share price target from €32.5 to €37.5. Much has changed since the last significant adjustment to our price target in April 2016. The revision implies upside...
May 17 2017
|
Flor O'Donoghue
,
Michael Mitchell
| Company Report |
9 pages
A low key start to the year but significant upside to play for
Breedon Group (Breedon) has released a short trading statement ahead of its AGM today. The update is very much in line, both in terms of Q1 trading and management’s outlook for the...
Apr 25 2017
|
Robert Gardiner
| Company Report |
2 pages
Initiating coverage: cash generation, acquisition potential and margin expansion all provide cause for optimism
We are initiating on Ardagh Group with an ‘Outperform’ rating and a price target of $23.50, representing upside of 11% from current levels. While the group’s markets are relatively...
Apr 12 2017
|
Flor O'Donoghue
,
Barry Dixon
| Company Report |
70 pages
Feedback from Davy real estate site visit
Davy hosted its fourth annual real estate site visit in Ireland on April 5th and 6th. The general tone continues to be upbeat on the outlook for all sectors – residential has the...
Boxing clever: forecast revisions reflect recent pricing momentum; further upside likely
The European packaging sector has not experienced such a confluence of positive factors for some time. Improving domestic and export demand, limited new capacity (for now), falling...
Mar 30 2017
|
Barry Dixon
,
Colin Sheridan CFA
| Sector Report |
17 pages
Showing 1 - 10 of 39 stories
RELATED RESEARCH
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Persimmon plc, Big margin expansion in H1
Aug 22 2017 -
Kingspan Group, Underlying upgrade of over 4% follows another set of results that beat expectations
Aug 18 2017 -
Kingfisher, Like-for-like sales struggle continues in Q2
Aug 17 2017 -
Wienerberger, Recovery continues as clay helps compensate for continuing weakness in pipes
Aug 17 2017 -
Geberit, Unusually disappointing Q2 result though FX tailwind will help mitigate adjustment to forecasts
Aug 17 2017 -
Mincon Group, Sees very strong H1; operating profit 10% ahead of estimates
Aug 17 2017 -
Kingspan Group, Jumping over a high hurdle despite considerable input pressures
Aug 15 2017 - More>