Latest news with #NeinorHomes
Business Insider
13-07-2025
- Business
- Business Insider
Kepler Capital Sticks to Its Buy Rating for Neinor Homes (0RNU)
In a report released on July 11, Julian Megias from Kepler Capital maintained a Buy rating on Neinor Homes, with a price target of €19.20. The company's shares closed last Friday at €17.24. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Megias is ranked #3461 out of 9820 analysts. Neinor Homes has an analyst consensus of Moderate Buy, with a price target consensus of €18.07. The company has a one-year high of €17.90 and a one-year low of €12.00. Currently, Neinor Homes has an average volume of 2,044.
Business Insider
25-06-2025
- Business
- Business Insider
Kepler Capital Reaffirms Their Buy Rating on Neinor Homes (0RNU)
Kepler Capital analyst Julian Megias maintained a Buy rating on Neinor Homes (0RNU – Research Report) on June 23 and set a price target of €19.00. The company's shares closed last Monday at €16.52. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Megias is a 3-star analyst with an average return of 9.1% and a 70.00% success rate. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Neinor Homes with a €17.24 average price target. The company has a one-year high of €17.90 and a one-year low of €12.00. Currently, Neinor Homes has an average volume of 1,998.
Business Insider
19-06-2025
- Business
- Business Insider
Kepler Capital Keeps Their Buy Rating on Neinor Homes (0RNU)
In a report released on June 17, Julian Megias from Kepler Capital maintained a Buy rating on Neinor Homes (0RNU – Research Report), with a price target of €16.10. The company's shares closed last Tuesday at €15.72. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Megias is a 3-star analyst with an average return of 7.1% and a 70.00% success rate. Neinor Homes has an analyst consensus of Moderate Buy, with a price target consensus of €16.55. Based on Neinor Homes' latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €85.18 million and a net profit of €4.86 million. In comparison, last year the company had a net profit of €0
Reuters
17-06-2025
- Business
- Reuters
Neinor shares soar after it files tender offer to buy rival Aedas
June 17 (Reuters) - Shares of Neinor Homes ( opens new tab jumped early on Tuesday after the Spanish homebuilder offered to buy all of its rival Aedas Homes' ( opens new tab shares in a deal potentially worth 1.07 billion euros ($1.24 billion). Neinor shares were up 14% in early trading to 15.58 euros - their highest level since February - and on track for their best day ever. Aedas shares, meanwhile, fell around 9.5% to 24.7 euros, a bit higher than the 24.49 euros offered by Neinor. Aedas' largest shareholder - private equity firm Castlelake, which owns 79% of the company - already agreed to sell its stake at the offered price. The transaction is "very positive for Neinor because it is purchasing at a significant discount," broker Sabadell said in a note to investors. If successful, the takeover would make Neinor the largest residential developer in Spain, giving it control of around 20,200 homes in Aedas' portfolio, mainly in the Madrid region where residential real estate prices are soaring.
Reuters
16-06-2025
- Business
- Reuters
Spain's Neinor Homes launches $1.2 billion takeover bid for rival Aedas
MADRID, June 16 (Reuters) - Spanish homebuilder Neinor Homes ( opens new tab has offered to buy all shares of its rival Aedas Homes ( opens new tab for 1.07 billion euros ($1.24 billion), a deal that could shake up Spain's residential property sector. If approved, the takeover would make Neinor the largest residential developer in Spain, with the ability to build over 43,000 homes in coming years, the company said in a regulatory filing on Monday. The takeover would give Neinor control of around 20,200 homes in Aedas' portfolio, mainly located in the Madrid region. Neinor said it expected the deal to boost its profits by 40% between 2025 and 2027, allowing it to raise shareholder payouts by nearly half over the same period. The deal is backed by Aedas' largest shareholder Castlelake, which owns 79% of the company. Castlelake has agreed to sell its stake for 24.49 euros per share, or 21.34 euros per share after a planned Aedas dividend. Neinor said it aimed to complete the acquisition by the end of this year and finance it through a mix of its own funds, a capital raise and loans. ($1 = 0.8639 euros)
