09/05/2007 14:46
The analysts saw positively the results of Marfin Popular Bank. In a report released on Wednesday, Deutsche Bank said that the revenues are 10% above estimates due to the strong Net Interest Income, which is 12% above its estimates.
DB maintains its Buy recommendation and its TP of €11 on the stock, while “this set of results could lead to upward earnings revisions in the market”.
Deutsche bank also referred to the improvement of quality of the Group’s assets, the non-servicing loans and the upgrading of the target profits for 2007.
Similarly, Eurobank Brokerage said that the MPB results exceeded its estimates and they must satisfy investors.
DB maintains its Buy recommendation and its TP of €11 on the stock, while “this set of results could lead to upward earnings revisions in the market”.
Deutsche bank also referred to the improvement of quality of the Group’s assets, the non-servicing loans and the upgrading of the target profits for 2007.
Similarly, Eurobank Brokerage said that the MPB results exceeded its estimates and they must satisfy investors.
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