TAGOF - TAG Immobilien: Stay On The Sidelines For Now

2024-04-09 03:28:26 ET

Summary

• TAG Immobilien faces significant debt maturities, leading to higher financing costs and flat earnings in the near future.
• The company's investment portfolio value has declined, but demand for residential properties remains strong.
• TAG's liquidity position is not great, and it will continue to face higher financing costs, putting pressure on profitability and cash generation.

TAG Immobilien ( TAGOF ) continues to face significant debt maturities in the coming years, which should lead to higher financing costs and flat earnings in the near future. Taking into consideration its positive share price performance in recent months, I think investors should now take profits....

For further details see: