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 | 3.226% | 3.226% | 1.053% | -40.373% |
| iShares Core DAX® | 1.395% | -0.696% | 15.472% | 15.907% |
| iShares Nasdaq 100 | 2.287% | 7.501% | 34.748% | 53.474% |
| iShares Nikkei 225® | 1.617% | 2.769% | 11.442% | 8.194% |
| iShares S&P 500 | 0.659% | 4.280% | 26.778% | 45.322% |
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