Forterra PLC buy Subdi
Start price
14.11.19
/
50%
€3.19
Target price
16.03.20
€4.88
Performance (%)
-17.43%
End price
16.03.20
€2.63
Summary
This prediction ended on 16.03.20 with a price of €2.63. The price of Forterra PLC has decreased during the runtime of the prediction. Compared to the start price this resulted in a performance of -17.43%. Subdi has 50% into this predictionPerformance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Forterra PLC | 7.843% | 7.843% | 13.990% | -9.091% |
| iShares Core DAX® | 1,07 % | -0,52 % | 9,66 % | 59,63 % |
| iShares Nasdaq 100 | -0,49 % | -4,06 % | -0,13 % | 84,64 % |
| iShares Nikkei 225® | -2,03 % | 6,91 % | 26,86 % | 64,58 % |
| iShares S&P 500 | -0,10 % | -2,37 % | 0,51 % | 58,34 % |
Comments by Subdi for this prediction
In the thread Forterra: The Unloved Building Materials Stock Is Embarking On A Secular Growth Story
Summary
- The small cap name operates with low leverage (0.5x Net Debt/EBITDA) and has produced high ROE.
- The business boasts strong margins and the highest dividend yield (3.7%) amongst peers. Solid M&A history has bolstered the franchise's moat and has allowed for premium pricing across their product.
- There is amply supply capacity in the UK and an active top-down triple-pronged government initiative to tackle the affordable housing deficit.
- The secular trend is supported by benign demographics and an easy credit environment.
- Brexit uncertainty, unfortunate IPO circumstances, and a profit-warning have drained short-term sentiment. A buying opportunity for the contrarian value investor. ...
In the thread Forterra PLC diskutieren
Kursziel geändert auf 4,88