Hibernia REIT

Forecast changes and review of the investment case

  • Jul 17 2020, 07:00 IST/BST
  • Colin Grant
  • Company Report
  • 22 page(s)
  • Sectors : REITs
  • Companies : Hibernia REIT

Ratings and price correct at time of issue.

  • Hibernia REIT

    Closing Price: 111c

  • RATING 11/11/14

  • PREVIOUS RATING N/A

DAVY VIEW

We have updated our forecasts for Hibernia REIT following the full year results. These include assumptions of lower office values this year based on our analysis of trends in the Dublin office market. The valuation continues to look cheap versus its peers, but investor focus on growth is holding back its relative performance.

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Jul 17 2020, 07:00 IST/BST

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