INA 1.14% $5.21 ingenia communities group

what is a reasonable target price?

  1. 191 Posts.
    lightbulb Created with Sketch. 9
    I was happy when INA hit 30c, very happy at 40c and amazed at 50c and today it is up another couple of cents.

    I realise there are a lot of positives about the company and its operations but are these all priced in or is there more to go?

    At the current market cap of $350m and using a P/E of 10 then maintainable earnings would need to be about $35m per annum - is this realistic ?

    What is a realistic price target for INA ?
 
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