An analysis by Ipopema Securities, released following the publication of the results obtained by IMPACT Developer & Contractor in the first quarter of 2022, recommends the target price of 0.87 lei / share, with a 27% potential increase compared to the closing price on Friday 27 May.
The general conclusions of the analysis are clearly positive, IMPACT’s results of as of March 31, 2022 being, according to Ipopema Securities specialists, as expected.
In the first quarter of 2022, IMPACT achieved a 100% increase in EBITDA and a 49% increase in gross profit at the consolidated group level. The situation comes amid a smaller stock of available apartments, but also a rise in prices for building materials, electricity and rising interest rates.
The full report of Ipopema Securities can be read here:
https://bvbresearch.ro/api/reports/100/attachment
