Carmila: Invest Securities still a buyer after update

(CercleFinance.com) - Invest Securities has confirmed its 'buy' rating on Camila shares, along with its E19 TP, following the retail property company's quarterly trading update, which was judged to be 'good overall'.


Noting that the resilience of its assets has been confirmed and the financing of the Galimmo acquisition secured, the broker sees the company in good shape to continue advancing its strategic plan.

To achieve this, Carmila will be able to rely on robust fundamentals and healthy balance sheets, which have enabled it to confirm its distribution policy and its 2024 RNR target, which we consider very credible, it continues.


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