HOME: 1Q18 results are not representative. It maintains its guidance
Although Neinor Homes maintains its guidance for the next three years and provided with more visibility, the 1Q18 results were still not representative of the earnings potential. We do not expect the results to have any significant impact on the share price. We maintain our Buy recommendation with a target price of €18.55/share.
Neinor Homes SA, formerly Neinor Homes SLU, is a Spain-based company engaged in the real estate sector. The Company focuses on the design, construction and promotion of residential properties. It develops housing projects in various Spanish cities, such as Malaga, Madrid, Barcelona, Cordoba, Vizcaya, Alicante, Almeria and Gerona.
Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.