Raiffeisen: The target price for BRD shares has been lowered from 17 to 15.4 lei - financiare.ro
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News » December, 2010 » 14 December 2010

Raiffeisen: The target price for BRD shares has been lowered from 17 to 15.4 lei
14.12.2010, 00:00 | Capital Markets | 892 views



Raiffeisen Zentralbank Österreich (RZB) has lowered its 12 month target price for the shares of BRD-Groupe Societe Generale (BRD) from 17 lei to 15.4 lei and has maintained the "buy" recommendation for the shares, according to a report by Austrian group RZB.

Yesterday at noon, the shares of BRD were trading at 11.9 lei on the Bucharest Stock Exchange, down 2.46% from the price of 12.2 lei at the Friday"s close. The new target price for shares of BRD is 26.2% higher than the close of Friday"s session.

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