Eurobank Equities Raises Aegean's Target Price to ā¬16
Eurobank Equities has raised its target price for Aegean to ā¬16 from a previous ā¬15.6, maintaining a 'buy' recommendation. This represents a 13.2% upside potential compared to yesterday's closing price (ā¬14.14).
Combined with an expected dividend yield of 6%, the total expected return is estimated at 19.2%. The brokerage estimates there is a possibility of further re-rating of the stock if earnings momentum accelerates. Net profit growth of 3-4% is projected for the period 2026-2027, characterizing the stock as a solid dividend play with a dividend yield of 6-7%.