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ANALYST VIEW - HSBC raises target price for Hungary's OTP

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HSBC has raised its target price for Hungary’s OTP. The new TP offers a 23.4% upside potential over OTP’s closing share price on Friday.
  • HSBC has raised its target price for Hungary’s OTP to HUF 13,700 from HUF 13,100 previously.
  • The new TP offers a 23.4% upside potential compared to OTP’s closing price on the Budapest Stock Exchange (BSE) last Friday.
  • According to the Reuters analyst consensus, there are 11 ‘Buy’, 1 ‘Hold’ and 2 ‘Sell’ recommendations for OTP. The average TP is HUF 12,014, 8.2% higher than the banking stock’s closing price last Friday.


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