Iress Limited

( ASX:IRE ) - ASX200 Software & Services


The Fortunes Of IRESS

IRESS is a company that we love at Montgomery Investment Management and it’s been frustrating to watch the company’s share price trade at a material premium to our estimate of its intrinsic value. But has its latest acquisition presented an entry opportunity?

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Iress: More Defensive Than Perceived?

In times of market turmoil defensive names increasingly attract attention. For many in the market this suggests stocks such as healthcare plays and supermarkets. According to ABN Amro another name to add to the list is Iress Market Technologies (IRE) as the data processing and outsourced services group offers many of the same characteristics.

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Analyst Views