By Eleftherias Kourtalis Defense and risk reduction is recommended by Eurobank Equities with regard to the investment strategy on the Athens Stock Exchange, after the summer rally, during which Greek shares actually outperformed European ones, with the banks being the absolute winners. As the brokerage notes, Greek shares have recovered 11% from June lows, a […]
Tag: Eurobank Equities
Eurobank Equities: ‘Liquid’ situation in industry and energy market – Revised target prices
Greek industrial and energy-exposed companies had a full of developments in 2022, with the main factor being the dynamics of the specific sub-sector, the general macroeconomic outlook and other specific parameters, Eurobank Equities states in its note. In electricity generation/supply, the sector remains fluid given recent regulatory intervention and, although generation and supply dynamics appear […]
Eurobank Equities: ‘Raises’ the target prices of Greek banks – The industry is in a phase of recovery, valuations are attractive
Her Eleftherias Kourtali Eurobank Equities is upgrading the target prices of Greek banks, emphasizing that the sector is in a phase of recovery, due to the changes in its estimates for 2022-24, incorporating better leaning trends, mainly in revenues. It upgrades Alpha Bank to “buy” from “hold”, as its risk / return profile has improved […]
Eurobank Equities: The investment story of Greek banks intact, despite the effects of the war in Ukraine
Her Eleftherias Kourtali Eurobank Equities maintains its ratings for Greek banks but changes the target prices to incorporate the changes it has made in its estimates for 2022-2023 due to the effects on the economy from the war in Ukraine. In this worse than expected before, but still positive environment, the investment story of Greek […]
Eurobank Equities: Sell in the rallies of the Greek Stock Exchange
Her Eleftherias Kourtali The Russia-Ukraine conflict changed the landscape for Greek stocks, as it increased the risk of stock premiums, exacerbated inflationary forces, called into question the macroeconomic recovery and shifted the narrative from reopening the economy to stagnant inflation. The Greek market quickly incorporated an increase in risk premiums having lost about 17% in […]
Eurobank Equities: New target price at 17.1 euros for OPAP
Eurobank Equities upgraded the target price for the OTE title, emphasizing the strong size of the Organization and its outperformance in relation to both domestic non-bank blue chips and the wider telecommunications industry in Europe. In particular, the stock exchange points out in a report that at a time when estimates for OTE’s returns to […]
Eurobank Equities: New target price at 17.1 euros for OTE
Eurobank Equities upgraded the target price for the OTE title, emphasizing the strong size of the Organization and its outperformance in relation to both domestic non-bank blue chips and the wider telecommunications industry in Europe. In particular, the stock exchange points out in a report that at a time when estimates for OTE’s returns to […]
PPC: The share is a buying opportunity, says Eurobank Equities
PPC’s share is characterized as a buying opportunity by Eurobank Equities in its report, where it notes that it maintains the title in its top selections, with a target price of 14.50 euros with a “purchase” recommendation. The stock exchange notes that the recent weakness of the stock is unjustified, with the result that the […]
Eurobank Equities: The 5 + 1 catalysts that will take off the Greek Stock Exchange
Her Eleftherias Kourtali Eurobank Equities remains optimistic about the prospects of Greek shares despite yesterday’s strong sell-off and sees a number of factors that will support their valuations in the near future, while expecting further re-rating of bank shares. More specifically, as Eurobank Equities points out, 2021 was a year full of events, with fluctuations […]
Eurobank Equities: 4 + 5 catalysts that will enhance the rally of Greek banks
Her Eleftherias Kourtali Eurobank Equites “sees” a further increase in the valuations of Greek banks, emphasizing that the outlook of the sector is significantly improved now, while maintaining its recommendations and increasing the target prices in Alpha Bank and Piraeus. More specifically, he emphasizes that Greek banks are trading with an estimated P / TBV […]