Analysts have increased their price target for National Bank of Greece from €13.41 to €13.67, reflecting improved fundamentals and recent upward momentum as highlighted in sector research.
Analyst Commentary
Bullish Takeaways
- Bullish analysts have increased price targets, citing continued momentum in National Bank of Greece’s share price and improved fundamentals.
- The elevated price target reflects confidence in the company’s execution and ability to deliver on growth opportunities.
- Major research institutions are maintaining positive outlooks. An Overweight rating indicates expectations of outperformance relative to sector peers.
- Recent upgrades imply a belief that the current valuation still offers attractive upside despite previous rallies.
Bearish Takeaways
- Some analysts have moderated their stance on the stock, moving to a Hold position while still raising price targets. This is mainly due to valuation concerns after recent gains.
- There is caution that the current share price may reflect most of the company’s near-term growth prospects, which could limit further upside.
- These changes highlight a more balanced risk-reward profile following a strong run in the stock.
Valuation Changes
- Consensus Analyst Price Target has risen slightly, increasing from €13.41 to €13.67.
- Discount Rate has fallen moderately, decreasing from 11.09% to 10.80%.
- Revenue Growth projection has edged up, moving from 4.32% to 4.39%.
- Net Profit Margin estimate has increased marginally, rising from 43.88% to 43.95%.
- Future P/E ratio forecast has risen slightly, moving from 12.73x to 12.82x.
Disclaimer
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