JP Morgan Reiterates Its Recommendation of Neutral in Colonial
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The analysts of the US bank JP Morgan have updated their forecasts on Colonial Real Estate following what they reiterate their recommendation of Neutral, but raise their target price to twelve months to 6.80 from the previous 6.50 euros. In their note, JPM analyzes the growth profile of the past, present and future profits of Colonial, which has a solid history of growth of BPA (benefit per share), with an average of 6% per year in the last eigh…
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