Watkin Jones has reported a robust set of interim results with PBT, EPS and DPS coming in ahead of our expectations. This company operates in two of the hottest areas of residential real estate, namely purpose-built student accommodation (PBSA) and build to rent sector (BTR) and it operates a lower risk model. Therefore we believe it should trade at a bigger premium to other housebuilders.
02 Jun 2017
Graduating with honours
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Graduating with honours
Watkin Jones Plc (WJG:LON) | 40.2 0.1 0.5% | Mkt Cap: 103.3m
- Published:
02 Jun 2017 -
Author:
Mark Hughes -
Pages:
9
Watkin Jones has reported a robust set of interim results with PBT, EPS and DPS coming in ahead of our expectations. This company operates in two of the hottest areas of residential real estate, namely purpose-built student accommodation (PBSA) and build to rent sector (BTR) and it operates a lower risk model. Therefore we believe it should trade at a bigger premium to other housebuilders.