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Humberts – risky but brave punt

Investors are urged to review estate agent Humberts in spite of the company suffering almost a halving of its share price over the past year.

The Investment Column of The Independent points out that Humberts deals with properties worth over £450,000 which it is claimed makes it resilient to problems at the cheaper end of the market.

The column is impressed by the group’s acquisitions of rivals and says its performance compares favourably with its peers in the sector.

Humberts is dubbed a “risky buy” which might “well reward braver investors”.

o6/09/07 Independent 62

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