HLI 1.31% $3.86 helia group limited

Goldman Sachs - move target price to $3.83

  1. 930 Posts.
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    In their report on Friday, post close, GS upped their target price to $3.83 from $3.56. The highlight however was their analysis of the capital management challenge that HLI faces to get their PCA within the board's target. GS have now included a $100 M buyback in each of the next three years as well as a 26c FF div and their PCA estimate never falls below 1.9 x - so there has to some significant special dividends in there as well.
 
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