ANALYST VIEW - Target price raised sharply for Hungary's OTP

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Autonomus Research has on Tuesday raised its target price for Hungary's OTP to over HUF 33,000 per share, maintaining its 'Buy' recommendation for the banking stock.

Autonomus Research raised its target price for OTP to HUF 33,235 from HUF 31,776 previously.

The new TP is the highest on the market, with HSBC coming next with HUF 32,200, according to Refinitiv data.

the huf 33,235 tp offers a cc. 22.4% upside potential over the current share price.

OTP edged up 0.1% on the Budapest Stock Exchange today, and gained 25.2% this year.

 

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