Deutsche Bank AktiengesellschaftDeutsche Bank lifted its Alpha Bank price target to €5.10 from €4.80 while maintaining a positive stance.
Alpha Bank's fair value estimate has edged higher to about €5.02 from about €4.85 after analysts nudged their price targets upward. Morgan Stanley moved its price target to €5 from €4.90 while keeping an Overweight rating, and Deutsche Bank lifted its target to €5.10 from €4.80 while maintaining a positive stance on the stock. The updated valuation also reflects a revenue growth assumption of about 15.79% versus roughly 15.33%, a profit margin estimate of around 41.87% versus about 41.70%, and a future P/E of roughly 10.69x, up from about 10.43x, with the discount rate at about 10.07% compared with roughly 10.11%. With forecasts now clustering around the €5 mark, the research suggests analysts are fine tuning their views on valuation and execution rather than rewriting the story, and the modest changes may mean more limited upside than in the past.
Deutsche Bank AktiengesellschaftDeutsche Bank lifted its Alpha Bank price target to €5.10 from €4.80 while maintaining a positive stance.
Morgan StanleyMorgan Stanley raised its Alpha Bank price target to €5 from €4.90 while keeping an Overweight rating.
Analyst price-target increases pushed Alpha Bank's fair value estimate up to about €5.02 from €4.85.