Home > Blog > Research > Research Report: Trident Estates plc
We have reviewed our model and maintain our Sell recommendation on Trident Estates plc with a 12-month price target of €1.46. After revisiting the inputs in our valuation model, we increased our price target from €1.25 to €1.46. The increase in our price target is attributable to the additional revenue generated from the improved lease agreement relating to Scotsman Pub, the acquisition of the remaining 50% share capital of Sliema Fort Company Limited and the expected revenue to be derived from the newly discovered basement space concerning Trident Park project. However, despite these improvements, we maintain our sell recommendation because of a number of reasons which we discuss further in our report. Click HERE to find out more.

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