COVIVIO : Jefferies raises its recommendation
Following a roadshow with management, the broker believes that the property company has 'tackled its debt issues very effectively, thanks to its diversified portfolio of assets and geographical areas'.
After a significant underperformance over the past year, the share is now trading at 9.5 times FFO 2024, and at a 49% discount to its EPRA net tangible assets 2024 per share", he adds.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction