November 19, 2009, 4:58 pmThe Board of Directors of Hungary’s oil and gas group MOL is to hold a meeting in mid-December where it will seek to approve a plan of HUF 357 billion Capex budget for 2010, a presentation on the...
November 19, 2009, 12:47 pmDeutsche Bank has initiated coverage of Hungary’s leading telecoms group Magyar Telekom with a ‘Hold’ rating and a target price of HUF 743, 2.6% lower than Wednesday’s closing price...
November 18, 2009, 9:23 amUniCredit has upgraded Hungary’s Egis to ‘Buy’ from ‘Hold’. UniCredit has also set a new target price for Hungary’s second-largest drugs producer. It raised its...
November 16, 2009, 11:09 amING has downgraded Hungary’s Richter to ‘Hold’, considering the stock as fully valued ahead of potential RGH-188 upside. ING has left is target price unchanged at HUF 42,500. Richter...
November 12, 2009, 12:53 pmUBS has left both its target price and rating for Hungary’s Richter unchanged after the drug maker’s third-quarter results which were below the estimates of UBS. 2009.11.10 09:26Hungary´s...
November 12, 2009, 11:16 amRichter published mixed figures for the third quarter of 2009, which were “mildly disappointing" for the research analyst of Raiffeisen who in response cut his target price to HUF 39,125 from HUF...
November 11, 2009, 9:48 amHungary’s leading drugs producer Richter held a conference call for analysts on Tuesday to discuss its third-quarter results. The main topics included Q3 sales, with the guidance for 2009 maintained...
November 4, 2009, 4:16 pmAs fiscal dynamics in Hungary have undergone a deep structural correction, the fundamental profile for Hungarian government securities has improved, Goldman Sachs said on Wednesday. It believes Hungary...
November 3, 2009, 10:48 amCredit Suisse has on Tuesday downgraded Hungary’s Richter to ‘Neutral’ from ‘Outperform’, while raising its target price for the drugs stock to HUF 39,140 from HUF 36,230....
October 27, 2009, 2:33 pmOver the last 24 hours Danske Bank has turned pessimistic about EMEA currencies and the total score in its Scorecard is now negative, for the first time since March-April. Danske recommends buying EUR/HUF...
October 27, 2009, 9:12 amHungary’s Budget Council, an independent fiscal policy body, said that the 2011/12 budget targets might be overshoot by 0.7%/GDP in both years. UniCredit claims that while the market may not look...
October 26, 2009, 1:07 pmHSBC expects a return to normality in Central European banking markets and as it turned more positive on the sector, it has raised its target prices for all banks, including Hungary’s OTP. HSBC’s...
October 19, 2009, 2:34 pm(Adds comment by Capital Economics, Danske, Erste on page3, Nordea on page4) Hungary’s central bank (NBH) has reduced its key policy rate for its fourth consecutive monthly meeting, taking the base...
October 19, 2009, 10:02 amGoldman Sachs has raised its target price for Hungarian telecoms group Magyar Telekom to HUF 700 from HUF 480, while keeping its ‘Sell’ recommendation unchanged. GS has upped its TP for...
October 19, 2009, 9:01 amHungary’s economy has hit rock bottom in the autumn and should grow some already in the fourth quarter, according to the latest forecast of think tank GKI prepared in co-operation with Erste Bank....
October 16, 2009, 11:58 amThe National Bank of Hungary (NBH) is expected to cut its base rate by 50 basis points to 7.00% on Monday, after reductions totalling 200 bps in the past three months, a monthly Reuters poll of analysts...
October 15, 2009, 4:09 pmSince the onset of the global economic and financial crisis, the vacancy rate in the modern office scene has been rising dramatically. On a market characterised by oversupply, several market players have...
October 15, 2009, 9:08 amNomura has on Thursday downgraded Hungary’s Magyar Telekom to ‘Neutral’ from ‘Buy’, following recent strong outperformance of the telco stock, but left is target price unchanged...
October 13, 2009, 9:16 am(Adds details) Credit Suisse has upgraded Hungarian fuels group MOL to ‘Outperform’ from ‘Neutral’ and increased its target price to HUF 18,529 from HUF 12,087 previously, owing...
October 7, 2009, 9:45 amWood & Co. has on Wednesday downgraded Hungary’s Magyar Telekom to ‘Hold’ from ‘Buy’, while it raised its target price for the telecom stock to HUF 791 from HUF 620. Wood...
