Euroxx: New Higher Target Prices for Greek Banks – 20% Increase on Average
7 Articles
7 Articles
How can discount be turned into premium - Overweight recommendation maintained for all four systemic banks - Net profits are estimated to grow at an average annual rate of approximately 10% until 2028
Euroxx significantly raises the target prices for the four Greek systemic banks. At the same time, it maintains a positive attitude for the entire industry and distinguishes Eurobank. The stock exchange increases its targets by about 20%. He cites strong credit growth and better profitability forecasts as key reasons. In addition, the Greek economy offers a more favorable environment than many Eurozone economies. Thus, banks increase lending and…
Euroxx says an end to the discount of Greek banks, considering that the discount with which they continue to negotiate with European groups is no longer justified.
Euroxx Securities is proceeding with a positive revision of its estimates for Greek banks, estimating that the sector continues to trade at a discount to its European peers, despite the strong fundamentals of the Greek economy, higher credit growth, increased returns on equity (ROTE) and higher returns to shareholders. Based on this data, Euroxx estimates that Greek banks justify trading at a premium to their European peers and proceeds with a f…
Euroxx continues to significantly increase the target prices of Greek banks, pointing out that despite the higher performance, they continue to trade at a discount against...
Euroxx increases the target prices of the four systemic banks by approximately 20% and maintains an "Overweight" recommendation, seeing room for upside of up to 32%.
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Bias Distribution
- 100% of the sources lean Right
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