Disclaimer: All information on this section is of a general nature.
Before making any investment decision, you should consult your adviser.
Investment Ideas - Igenia Communities (INA)
Igenia Communities offers exposure to the growing demand for retirement and aged care facilities in
Australia. Although the sale of DMF assets impacted 1H17 results, the repositioning of the developer’s
assets looks likely to benefit the company on the back of the aging population and increasing
preference for affordable accommodation by retirees.
IRESS consensus estimates indicate a target price of $3.20, which is a 20% premium to the current share
price of $2.67. Coupled with IRESS consensus dividend yield forecasts of around 3%, this represents
total upside potential of 23%.
Australia. Although the sale of DMF assets impacted 1H17 results, the repositioning of the developer’s
assets looks likely to benefit the company on the back of the aging population and increasing
preference for affordable accommodation by retirees.
IRESS consensus estimates indicate a target price of $3.20, which is a 20% premium to the current share
price of $2.67. Coupled with IRESS consensus dividend yield forecasts of around 3%, this represents
total upside potential of 23%.