Oakley Capital Investments Ltd. (DI) (OCI)

Sector:

Financials

255.00p
   
  • Change Today:
    -13.00p
  • 52 Week High: 279.00p
  • 52 Week Low: 187.00p
  • Currency: UK Pounds
  • Shares Issued: 198.60m
  • Volume: 215,365
  • Market Cap: £506.43m

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 255.00p
Change Today -13.00p
% Change -4.85 %
52 Week High 279.00p
52 Week Low 187.00p
Volume 215,365
Shares Issued 198.60m
Market Cap £506.43m

OCI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
65.26% below the market average65.26% below the market average65.26% below the market average65.26% below the market average65.26% below the market average
62.12% below the sector average62.12% below the sector average62.12% below the sector average62.12% below the sector average62.12% below the sector average
Price Trend
81.66% above the market average81.66% above the market average81.66% above the market average81.66% above the market average81.66% above the market average
81.21% above the sector average81.21% above the sector average81.21% above the sector average81.21% above the sector average81.21% above the sector average
Income
99.19% below the market average99.19% below the market average99.19% below the market average99.19% below the market average99.19% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
67.76% above the market average67.76% above the market average67.76% above the market average67.76% above the market average67.76% above the market average
65.29% above the sector average65.29% above the sector average65.29% above the sector average65.29% above the sector average65.29% 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 27-Feb-2020

Time Volume / Share Price
16:37 60,000 @ 251.33p
13:03 87,526 @ 251.00p
16:37 10,000 @ 257.00p
16:35 1,650 @ 253.00p
16:35 5,000 @ 255.00p

OCI Key Personnel

Chair Caroline Foulger

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