Equity
655 forint target price for Hungary's Magyar Telekom
- Goldman Sachs upped its target price to HUF 655 per share from HUF 583 previously. The rating is ‘Buy’.
- The new TP is 39% higher than Friday’s closing price (HUF 470) on the Budapest Stock Exchange (BSE).
- The fair-price estimate of GS really stands out for the average of analysts’ target price is only HUF 498.
- GS is among the more upbeat analysts when it comes to MTel. It has 8 ‘Buy’, 2 ‘Hold’ and 2 ‘Sell’ recommendations.
