Carmila: Invest Securities a buyer after share's IPO.
(CercleFinance.com) - Invest Securities has adopted a "buy" recommendation on Carmila, against "subscribe" previously, while it has trimmed its 12 month target price from 28 euros to 27.
5 euros, to take into account the share's price on its IPO, which it considers to be "encouraging".
The broker underlines that its new target price for the share of the commercial property company reflects upside potential (including dividend) of +19%, i.e. one of the highest in its coverage universe.
"As a reminder, Carmila has quality teams and a strong growth outlook, thanks to its extensive pipeline of projects and a clear and generous pay-out policy," the analyst monitoring the share continues.
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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.
5 euros, to take into account the share's price on its IPO, which it considers to be "encouraging".
The broker underlines that its new target price for the share of the commercial property company reflects upside potential (including dividend) of +19%, i.e. one of the highest in its coverage universe.
"As a reminder, Carmila has quality teams and a strong growth outlook, thanks to its extensive pipeline of projects and a clear and generous pay-out policy," the analyst monitoring the share continues.
Copyright (c) 2017 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.