Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Skip main menu Accessibility www.hl.co.uk | Cookie policy | Contact us

Hargreaves Lansdown

Press tips

Press tips from ShareCast

Sunday share tips: Schroder Real Estate Investment Trust, SSP

31 Mar, 2024 18:56

A A A

(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of Schroder Real Estate Investment Trust (SREIT) to its readers, predicting that they were set to rally.



"That was on top of the group's dividend, which was expected to hit nearly 8% for the year ending on 31 March and to continue growing.

At 42p, the stock is a buy, while generous dividends add to its appeal," the tipster said.

In particular, Midas explained that the company was planning to turn its property portfolio from brown to green and charge tenants more in the process.

Counter-intuitive as that might seem, given current economic conditions, energy-efficient buildings were often cheaper to run and costs lower - or at least the same as elsewhere - despite the higher rents.

Long-term fixed-rate debt issued when rates were low would help, Midas said.

Yet the company was fetching a market value of just £203m, whereas its independent valuers believed it was worth £458m.

Indeed, the shares had more than halved from their 2018 peak.



The Sunday Times's Lucy Tobin believes readers should 'buy' shares of SSP Group.

Its business had momentum on its side, as the latest figures from the International Air Transport Association showed, with passenger numbers near to hitting their levels from before the pandemic.

While the 600p pre-pandemic share price might never be revisited, the shares should certainly recover from their current low level, Tobin surmised.

She pointed to the company's "successful" growth, whether that be organic or non-organic to back up her case.

Analysts at Peel Hunt and Liberum were in a similar frame of mind.

The former judged the shares to be "very attractive" whilst the latter was expecting growth to continue into 2024.

"Dividend payouts were unleashed again last year and the momentum is now with SSP," Tobin said.

"Buy."



Important information

Spread Betting and CFD trading carry a high level of risk to your capital; you should ensure you understand the risks involved. Please read the full risk warning.

Have a question?

Call us on 0117 988 9915
8.00am to 6.00pm (Monday to Friday)

HL Markets account holders
Call us on 020 7573 0055
Email us


ShareCast

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

Market latest

FTSE 100 | FTSE 250 | All Share

FTSE 100 interday chart FTSE 250 interday chart FTSE All Share interday chart
FTSE 100 8,313.67 price-positive +1.22%
FTSE 250 20,413.08 price-positive +1.23%
FTSE All Share 4,524.78 price-positive +1.25%
Dow Jones 38,929.41 price-positive +0.20%
NASDAQ 16,380.76 price-positive +0.19%
Xetra DAX 18,438.53 price-positive +1.45%
Paris CAC 40 8,075.68 price-positive +0.99%
Nikkei 225 38,835.10 price-positive +1.57%
Hang Seng 18,479.37 price-negative -0.53%

Hang Seng disclaimer l Prices delayed by at least 15 minutes