Analysts at Raiffeisen Bank have set a new target price for HT shares at 256 kuna, with a buy recommendation, noting that both the price and recommendation are ‘under consideration’.
As a reminder, HT concluded the last year with a profit of 1.69 billion kuna, which is a decrease of 6.4 percent, and regarding the results in the last quarter of last year, analysts note that the net profit of 308 million kuna is below expectations.
– The last quarter was quite weak, but influenced by one-off severance costs – states the report signed by Jakub Krawczyk. The dividend amount of 20.51 kuna is also below the expected 22 kuna.
The last recorded price of this share on the Zagreb Stock Exchange was 216.04 kuna.
