LHV Pank updated the equity research and price target of EfTEN Real Estate Fund
AS (EfTEN; EFT1T) shares. According to the analysis, the price target for the
share remained in the range of 19 to 20,1 euros. The mid-point of the target
range is 2,6% above the last closing price at Nasdaq Tallinn Stock Exchange. The
previous price target for the EfTEN Real Estate Fund AS shares was set in
September 2023.
LHV forecast on EfTEN Real Estate Fund for this year foresees: (i) EBITDA and
dividend will remain at the previous year's level; (ii) low impact of real
estate revaluation on fund results; (iii) low vacancy rate of properties; (iv)
maintenance of conservative leverage policy.
The analysis report is available on the LHV Pank Financial Portal.
Kristjan Tamla
EfTEN Capital AS
Managing Director
Tel: +372 655 9515
E-post: kristjan.tamla@eften.ee (mailto:kristjan.tamla@eften.ee)
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