The NAGA Group: Research Indicates Sustained Growth and Profitability

The NAGA Group AG recently received research updates from NuWays and SMC, maintaining a "BUY" rating with price targets reaching EUR 1.60. With a current Xetra closing price of EUR 0.62, the potential upside could be as much as 158%. Analysts highlight the expansion of NAGA's customer base and improved profitability due to efficiency gains and synergy effects. Enhanced marketing efforts promise accelerated growth in the year's latter half.

Furthermore, the recent approval of a reverse share split at the annual general meeting is expected to bolster NAGA's capital market perception. Analysts suggest the company is effectively merging sustainable growth with higher profitability, driven by strategic developments.