Market announcement
EfTEN Real Estate Fund AS
LEI code
4851000008JBI71L7643
Size of the entity
Medium group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Management company
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
16577
Submission date and time
30.10.2024 08:14:00
Content of announcement in Estonian
Title
LHV Pank uuendas EfTEN Real Estate Fund AS-i aktsiaanalüüsi
Message
HV Pank uuendas EfTEN Real Estate Fund AS-i (EfTEN; EFT1T) aktsia analüüsi ja aktsia hinnasihti. Analüüsi kohaselt tõusis aktsia hinnasiht seniselt 19,6 eurot tasemelt 20,0 euro tasemeni ning aktsiale on antud soovitus „hoia“. Aktsia eelmine hinnasiht oli seatud 2024. aasta jaanuaris. LHV toob EfTEN Real Estate Fund AS-i puhul välja kolm peamist tugevust: (i) intressimäärade langusest tulenev finantskulude vähenemine; (ii) üüripindade madal vakantsus; (iii) konkurentidest kõrgem dividenditootlus. Analüüs on leitav LHV Panga finantsportaalis. Kristjan Tamla EfTEN Capital AS Tegevjuht Tel: 655 9515 E-post: [email protected]
Content of announcement in English
Title
LHV Pank updated equity research on EfTEN Real Estate Fund AS
Message
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 was increased from 19,6 euros to 20 euros and the share has a “neutral” rating. The previous price target for the EfTEN Real Estate Fund AS shares was set in January 2024. LHV research points out three main strengths of the EfTEN Real Estate Fund AS: (i) decreasing financial cost base due to falling interest rates; (ii) low vacancy rate; (iii) dividend yield, which is above the level of competitors. The analysis can be found on the LHV Pank Financial Portal. Kristjan Tamla EfTEN Capital AS Managing Director Tel: +372 655 9515 E-post: [email protected]