on The Naga Group AG (isin : DE000A161NR7)
The NAGA Group: Analysts Maintain 'BUY' Amid Merger With CAPEX.com
The NAGA Group AG has announced that analysts from NuWays, SMC, and Warburg are maintaining their 'BUY' recommendations following the company's merger with CAPEX.com. The latest research updates set ambitious price targets, with recommendations reaching up to EUR 1.70. Given the closing price of EUR 0.73 on Xetra as of November 13, 2024, this suggests a significant upside potential of up to 133%.
The merger is seen as a pivotal factor influencing The NAGA Group's key financial metrics for the first half of 2024. The analysts anticipate that this merger will bolster the company's growth strategy, projecting robust future sales and earnings growth.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all The Naga Group AG news