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Kepler Cheuvreux: Fabege a top pick

Publicerad: 11 januari 2019, 15:59

Christian Hermelin, CEO of Fabege. Photo: Fabege.

Kepler Cheuvreux has rated Fabege as one the five top-picks among the roughly 80 listed European property company covered by the investment bank. According to a sector update the company has a high-quality office development pipeline in the Stockholm region, available at a discount.

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Fabege FastigheterKepler CheuvreuxVonovia

Kepler Cheuvreux assigns the Fabege share with the target price of 145 SEK per share, slightly higher than the previous 143 SEK and reiterates its buy recommendation, Direkt reports.

The Fabege share closed the week at 124.4 SEK, up 4.8 per cent since January 4th.

The other shares included in the top-five pick were; Vonovia (majority shareholder of Victoria Park), Confinimmo, Merlin and Unibail-Rodamco-Westfield.

Oskar von Bahr

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