ANALYST VIEW - Wood & Co. initiates coverage of Hungary's OTP, with 'Buy' rating

Portfolio
Wood & Co. has initiated coverage of Hungary’s OTP Bank with a target price 20% over the current share price.
  • Wood has initiated coverage of Hungary’s OTP, with a ‘Buy’ rating and a HUF 5,216 target price.
  • The TP offers a nearly 20% upside potential.
  • According to the latest analyses, 8 analysts have a ‘Buy’ recommendation for the banking stock, 6 have a ‘Hold’ rating and only two recommend the stock for sale.
  • The average target price is HUF 4,525 presently, which is less than 5% higher than the current share price on the Budapest Stock Exchange (BSE).


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