tiprankstipranks

EFG International upgraded to Buy from Neutral at UBS

UBS analyst Mate Nemes upgraded EFG International (EFGXY) to Buy from Neutral with a price target of CHF 14.10, up from CHF 13.10. The firm cites “too low” consensus and a “too low” valuation multiple, which does not account for the company’s meaningful excess capital, for the upgrade.

Elevate Your Investing Strategy:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1