Playing the housing market

Simon Thompson

Simon Thompson
Playing the housing market

I feel that investors are being overly harsh in their valuation of land developer, property investor and developer, and construction company Henry Boot (BHY:222p). True, the shares have risen by around 10 per vent since I recommended buying them at 202p just under a year ago in a market down 12 per cent ('A bootiful investment', 19 February 2015), but they are still some way shy of the 260p target price I outlined last summer ('A trio of small cap buys', 14 July 2015).

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