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ANALYST VIEW - New target price for Hungary's Magyar Telekom is HUF 580

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  • HSBC has raised its target price for Hungary’s Magyar Telekom to HUF 580 from HUF 570 previously. The rating is ‘Buy’.
  • The new TP offers a 16% upside potential over MTel’s closing price of HUF 500 on Tuesday.
  • Analysts’ have the following recommendations for MTel at the moment: 5 ‘Buy’, 6 ‘Hold’ and 2 ‘Sell’ ratings.
  • Analysts’ average target price for Magyar Telekom is HUF 521 per share, 4.2% higher than yesterday’s closing price on the Budapest Stock Exchange (BSE).

 

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