Icade: a best pick in real estate for Invest Securities
(CercleFinance.com) - In a report on the real estate sector, Invest Securities says that it confirms its recommendations, while for 2019 it prefers two real estate companies - Unibail-Rodamco-Westfield and Icade - for which it has respective target prices of 206 euros and 82 euros.
The analyst who monitors the sector says that both these stocks offer satisfactory growth prospects and a high level of visibility regarding dividend growth, with them already offering a high dividend yield.
The broker points out that in a global economy with a dimmer long-term outlook, the prospect of rising interest rates, which penalised its 2018 recommendations, is now less likely than a year ago.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The analyst who monitors the sector says that both these stocks offer satisfactory growth prospects and a high level of visibility regarding dividend growth, with them already offering a high dividend yield.
The broker points out that in a global economy with a dimmer long-term outlook, the prospect of rising interest rates, which penalised its 2018 recommendations, is now less likely than a year ago.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.