ANALYST VIEW - Morgan Stanley raises target price for Hungary's Mol
MORGAN STANLEY RAISED ITS TARGET PRICE FOR MOL SHARES TO HUF 3,440, MAINTAINING A 'HOLD' RECOMMENDATION.
Mol closed yesterday's trading at HUF 3,072s. Morgan Stanley's target price assumes an upside potential of 12%.
According to LSEG's database, three analysts who cover Mol recommend buying its shares, four recommend holding them and two recommend selling them. The average target price per share is HUF 3,215.2, which is 4.6% higher than Thursday's closing price.
According to LSEG data, the TP given by Morgan Stanley is the third highest among analyst target prices. The highest target price was given by an analyst at Wood, who expects the paper to reach HUF 3,600.
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