Oakley Capital Investments Ltd. (DI) (OCI)

Sector:

Financials

231.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 240.00
  • 52 Week Low: 174.00
  • Currency: UK Pounds
  • Shares Issued: 408.80m
  • Volume: 19,833
  • Market Cap: £946.37m
  • Beta: 0.01

Liberum ups target price on Oakley Capital after 'strong' H1

By Iain Gilbert

Date: Wednesday 24 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Analysts at Liberum upped their target price on private equity firm Oakley Capital on Wednesday, stating the group's trading update had confirmed its "strong performance".
Oakley Capital, a corporate client of Liberum, had its price target raised from 225p to 275p after the fund manager continued to source "attractive investments" away from traditional auction processes across its three core sectors during the first half of its trading year.

"Sentiment towards the shares has improved and we expect this to continue as a result of initiatives to address the discount," said Liberum.

"The portfolio companies are demonstrating high growth (41% EBITDA growth in 2018) and we expect strong NAV growth over the medium-term."

Liberum, which kept its 'buy' rating unchanged, said OCI had "increasingly been on the front foot" following a significant improvement in NAV performance and several structural and governance improvements.

"Given the above and the positive outlook from a high-quality portfolio, we would expect the shares to re-rate from the current 25% discount to NAV," concluded the analysts.

As of 1610 BST, OCI shares were untraded on 237p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

OCI Market Data

Currency UK Pounds
Share Price 231.50p
Change Today -0.50p
% Change -0.22 %
52 Week High 240.00
52 Week Low 174.00
Volume 19,833
Shares Issued 408.80m
Market Cap £946.37m
Beta 0.01

OCI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.34% below the market average80.34% below the market average80.34% below the market average80.34% below the market average80.34% below the market average
69.44% below the sector average69.44% below the sector average69.44% below the sector average69.44% below the sector average69.44% below the sector average
Price Trend
88.51% above the market average88.51% above the market average88.51% above the market average88.51% above the market average88.51% above the market average
86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average
Income
72.46% below the market average72.46% below the market average72.46% below the market average72.46% below the market average72.46% below the market average
74.71% below the sector average74.71% below the sector average74.71% below the sector average74.71% below the sector average74.71% below the sector average
Growth
65.19% above the market average65.19% above the market average65.19% above the market average65.19% above the market average65.19% above the market average
58.06% above the sector average58.06% above the sector average58.06% above the sector average58.06% above the sector average58.06% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

OCI Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Sep-19 04-Apr-19
Paid 24-Oct-19 25-Apr-19
Amount 2.25p 2.25p

Trades for 17-Sep-2019

Time Volume / Share Price
15:32 1,500 @ 231.00p
15:13 1,072 @ 231.00p
14:40 2,500 @ 231.08p
12:57 2,190 @ 231.10p
12:17 4,000 @ 231.10p

OCI Key Personnel

Chair Caroline Foulger

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