Vladimír Urbánek (Kurzy.cz)
Czech markets  |  March 01, 2013 10:00:31

HSBC gives ČEZ goal for 550 CZK! Shares of neglect and grow

With the first povýsledkovým recommendations, which could be interpreted as a view of the results presented for CEZ came analysts British HSBC. They lowered their initial estimates of the target price at CZK 620 a full 11% of the newly estimated 550 CZK, which is in other words, about 8% below the current price level, struggling to maintain over the long-term minimum. Investment recommendations HSBC analysts left at "underweight" then.

Most other recommendations yet still holding well above the current price level. Analysts Raiiffeisen example a week before the results estimated target 670 CZK, French BNP Paribas then even 800 CZK.

Domestic analysts agree that the results generally met the expectations and was presented a conservative outlook.

CEZ shares in HSBC recommendations at the beginning of day too heedless and reactions to the conference call to strengthen toward the border CZK 600. Conference call to address yesterday criticized outlook suggested that this is only a conservative estimate, which has room for some improvements. This helps CEZ shares in their morning growth.
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HSBC dává pro ČEZ cíl 550 Kč ! Akcie na to nedbají a rostou

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