BHS (BH Securities a.s.)
Czech markets  |  August 24, 2012 15:54:47

Goldman Sachs lowers target for ERSTE and KB


After yesterday evening reduction target price by Goldman Sachs from 978 CZK to 960 CZK for CEZ, now Investment Bank has also reduced the target price of both banks traded on the PSE.

Analyst Heiner Luz at the end of July KB shares rose by CZK 50 objective to "record" 5700 CZK, but now reduces the target to 5450 CZK. Confirms the recommendation "buy / neutral".A similar recommendation is confirmed by ERSTE shares, which also reduces the annual target price from 30 EUR to 27 EUR.

You can add that yesterday's lackluster further reduce the target price for CEZ was probably made ??in the context of looking at the German energy company. Those Goldman Sachs, however, target price increased. For E.ON from 25 EUR to 26 EUR in confirming recommendations "buy / attractive." For RWE then from 39 EUR to 40 EUR leaves recommendation "neutral / attractive." RWE's shares are now trading around the level of 32.60 euros, E.ON, and around 18 EUR.

J.Zendulka

Tyto zprávy pro vás vytváří BH Securities a.s..
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Goldman Sachs snižuje cíl i pro ERSTE a KB

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