Today’s verdict of Moody’s Evaluation House for the Greek economy is expected with great interest, which has not given us an investment level
With a strong increase of 4.07%, it ended in the week when the stock market ends, which “sees” at 1,700 points, closing at 14 years (since February 2011),
Today’s verdict of Moody’s evaluation house for the Greek economy, the only house that has not given us an investment grade, is expected with great interest. Some analysts consider the upgrading of minor importance, as the investment community is facing Greek assets as if they have already received the investment level. But many estimate that Moody’s evaluation is particularly important as the house is the largest in the world, which is why potential demand in the event of upgrading for Greek bonds can now reach even € 20 billion.
In the meantime, positive reports on the banking industry continue, with investment houses renewing their “vote” for bank stocks, following the announcement of the results of the year 2024.
Morgan Stanley says “Taurus” for Greek banks and estimates that their shares will increase by 25% while in a bullish scenario the rally can reach up to 50%. He points out that Greek banks remain cheaper than EU banks. Their valuations are still cheap as the P/E index for 2026 is 6.5x p/e.
The target price for Piraeus is increasing to 6.14 euros, for Eurobank pays € 3.18 for Alpha Bank EUR 2.64 and for the national team increases the target price to 10.66 euros.
Euroxx Securities in a report on banks raises target prices and stresses that the discount is over 30%over European banks.
For National, it gives 12.1 euros, for Piraeus 7 euros, for Eurobank 3.5 euros and for Alpha Bank for 3.2 euros. In terms of dividends, it calculates 50% repayment rate from Eurobank, Alpha and Piraeus and 60% from National. The dividend yields of the industry exceed 8% of the expected profits of 2025.
Optima Bank reiterates the Banks’ Buy evaluation, with the target prices for Piraeus for Euro6.20 and Alpha Bank Euro2.55 to be the top options for the industry. The target prices for National are Euro10.92 and for Eurobank Euro3.00.
The General Price Index closed a week at 1,693.61 points, compared to 1,627.36 of the previous week, with a weekly increase of 4.07%, from the beginning of March 5.34%, and from the beginning of the year it recorded profits of 15.24%.
The FTSE/ASE 25 high capitalization index closed a week with a rise of 4.97% and from the beginning of 2025 at 17.52%.
The FTSE MID mid -capitalization index closed with a weekly rise of 2.56%, and since the beginning of the year it rose 8.55%.
The banking index closed a week with 8.38%, while in early 2025 it has made 29.84%profits.
The total value of transactions at this week’s meetings amounted to EUR 1,182 billion, while the average daily value of transactions stood at € 236,512 million, from € 268,377 million last week.
Total market capitalization in the week increased by EUR 3,825 billion and stood at € 117,968 billion, and since the beginning of the year it increased by € 14,822 billion.
Source: Skai
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