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Gateley Holdings - a strong performer since we covered in Jan 2017 but is there more to go for now?

21/06/2017 · Gateley (GTLY) 

Gateley Holdings - a strong performer since we covered in Jan 2017 but is there more to go for now?
The UK’s first publicly listed commercial law firm has been a very strong performer since our January Premium research note, which you can read from the link here. Our latest Blog comments on news since then and reflects on the current state of play.

The share price of Gateley Holdings (AIM:GTLY) has performed strongly over the past six months, with the market capitalisation increasing from £140m to almost £200m. On unchanged estimates, therefore, the P/E ratio has increased from a sensible 13.5x to a much more adventurous 19x – but this consensus may well underestimate the final outcome.

Our original Premium Company Research which you can read by clicking the link here considered that, with a below-average…

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