Glenveagh Properties

Make yourself at home: long-term opportunity for growth

  • Sectors : Construction and Housebuilding
  • Companies : Glenveagh Properties

Ratings and price correct at time of issue.

  • Glenveagh Properties

    Closing Price: 76.9c

  • RATING 10/11/17



Glenveagh has materially outperformed its IPO volume targets in the last two years, and there is evidence to suggest that the build-out is still ahead of our expectations into the end of 2019/start of 2020. In this report, we outline a rationale for the company continuing to grow volumes well into the medium and long term. This growth, along with potential positive catalysts from Glenveagh Living, leads us to reiterate our ‘Outperform’ rating and €1.40 price target.

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Nov 8 2019, 07:10 GMT