Researsch (Conectium s.r.o.)
Czech markets  |  June 19, 2012 09:17:26

Goldman Sachs gives KB 60% upside potential


Goldman Sachs (GS) shares rose for KB recommendation from "neutral" to "buy" and a target price of CZK 5,000 to CZK 5,650. According to Bloomberg's survey is the ultimate goal clearly in the market. GS gives the title to more than 60% upside potential.

For ERSTE then Goldman Sachs lowers target price from 31 EUR to 30 EUR. It leaves a logical recommendation "buy". Given the current target price is even more than 100% growth potential. The larger goal is to market only Berenberg Bank to 32.30 euros.

Mention is also buying back its own course Telefónica O2. The last through 7 stores in SPAD won a total of 35 thousand. shares at an average exchange rate of CZK 374.86. In total, 13.12 million invested about CZK. On Thursday, it will be a month, the company has physically started buying back its own shares. Yet has already gained over 833 thousand. shares for approximately 316 million CZK. The Board agreed to purchase 2% (6.44 million shares) which have already realized nearly 13%.

J.Zendulka

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