Management action in response to a tough trading climate and falling profits should contribute to a sound recovery in profits next year. Following share price weakness, the group is valued at a substantial discount to both the broking market leader Clarkson and to other peers. Meanwhile, if the dividend can be held, the shares offer a well above-average yield, pending an eventual improvement in trading conditions.
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Fighting the waves
Braemar PLC (BMS:LON) | 274 8.2 1.1% | Mkt Cap: 90.2m
- Published:
25 Oct 2016 -
Author:
Nigel Harrison - Pages:
Management action in response to a tough trading climate and falling profits should contribute to a sound recovery in profits next year. Following share price weakness, the group is valued at a substantial discount to both the broking market leader Clarkson and to other peers. Meanwhile, if the dividend can be held, the shares offer a well above-average yield, pending an eventual improvement in trading conditions.