KBC Securities - Home Invest Belgium SA (HOMI) HOME INVEST - Dont rush things that take time to grow HOMI BB

Report

KBC Securities

Joachim Vansanten

HOME INVEST - Don't rush things that take time to grow HOMI BB

We want to put Homi on the radar as a restructuring story with LT upside potential. However, today we find it too early to call the shot on a successful turnaround and prefer to adopt a wait-and-see approach. We upgrade our TP from â‚¬ 89 to â‚¬ 120 and rate Hold (from reduce).

11/09/2020 19 EN

Underlying

Home Invest Belgium SA

Home Invest Belgium SA is a public regulated real estate company based in Belgium. The Company specializes in the acquisition, sale, development and management of residential real estate properties. It holds a wide portfolio of properties located on strategic locations in Belgium and The Netherlands. The Comapny's oerates throught its subsidiares such as Clarestates BV.

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BE0003760742 Euronext Brussels Belgium

Provider

KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

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Analysts

Joachim Vansanten

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