The shares’ reaction to the Autumn Statement was perhaps inevitable after a strong run, but looks overdone. There is further detail to be determined during the course of the consultation process this year, but the increased breadth and balance of group activities post recent acquisitions should leave it well-placed to capitalise as reform is rolled out, and certainly limits the downside. The current, well-covered 5% prospective FY16 yield provides material attractions pending further clarification, possibly with the FY15 results, due on 16 March.
19 Jan 2016
FY15 on track
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FY15 on track
FRP Advisory Group Plc (FRP:LON) | 121 1.8 1.3% | Mkt Cap: 304.2m
- Published:
19 Jan 2016 -
Author:
Roger Leboff -
Pages:
3
The shares’ reaction to the Autumn Statement was perhaps inevitable after a strong run, but looks overdone. There is further detail to be determined during the course of the consultation process this year, but the increased breadth and balance of group activities post recent acquisitions should leave it well-placed to capitalise as reform is rolled out, and certainly limits the downside. The current, well-covered 5% prospective FY16 yield provides material attractions pending further clarification, possibly with the FY15 results, due on 16 March.