Best choice
Eurobank Equities sees Piraeus Bank stock as a ‘best pick’, giving a price target of €6.24 (vs. €5.78 previously). The decision is based on the effective execution of the management plan, attractive risk/return profile and sustainable RoTE for the period 2025-2026.
10% improvement
Trading of the new Cenergy shares, which resulted from the recent €200 million IPO, will begin on Wednesday. Minority shareholders will significantly increase their participation in the share capital, which will lead to an improvement in equity dispersion by around 10 percentage points (from 80% to 70%).
To jump
The market views Quest’s agreement to acquire 70% of Benrubi SA with a positive eye. Yesterday, shares in the listed company reached their best session in at least two months (+5.1%), rising to 5.3 euros, the highest level since September 20th. Scenarios for the future of ACS also provide momentum.
Reaction
Aegean’s share managed to “stop” the 6-day sequence of declines, which presented the best daily performance of October (+1.89%). However, this was not enough to offset the month’s losses, which are still greater than -6% in a context of geopolitical uncertainty. The valuation remains stable below 1 billion euros.