LHV Pank updated equity research on EfTEN Real Estate Fund AS
May 02 2024 - 2:18AM
LHV Pank updated equity research on EfTEN Real Estate Fund AS
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 TamlaEfTEN Capital ASManaging
DirectorTel: +372 655 9515E-post: kristjan.tamla@eften.ee