基本信息
文件名称：【Jefferies-2025研报】英国房屋建筑商：预测数据包以及我们在过去几周的收获.pdf
文件大小：1.22 MB
总页数：38 页
更新时间：2025-07-02
总字数：约29.08万字
文档摘要
UK|Building,Construction
EquityResearch
HousebuildersJune16,2025
UKHousebuilders:ForecastDatapackandKEYSTOCKSFEATUREDINCLUDE:
WhatWeHaveLearntIntheLastWeeksTICKERRATINGPRICETARGET
BTRWLNBUY572.00p
WhiletheUKhousebuildershaveoutperformedtheFTSEbynearly10%
BWYLNBUY3,724.00p
inthepastweek,tradingatan8%discountto2026PNTAVwestill
BKGLNHOLD4,126.00p
seevalue.Aseasonalslowingofselling,fewercompanyupdatesand
CRSTLNBUY243.00p
parliamentonrecess,usuallyimpliessummerisquieterforthesector.But
PSNLNBUY1,876.00p
asorderbooksincreasinglycover2025deliverieswillbelieveconsensus
willgainincreasingconfidenceingrowth(andcashflow).Toppicks:
Persimmon,Bellway.