Strauss Group upgraded to Equal Weight from Underweight at Barclays

Barclays analyst Tavy Rosner upgraded Strauss Group (SGLJF) to Equal Weight from Underweight with an unchanged price target of ILS 79. Israeli companies navigated 2024 with “remarkable strength,” the analyst tells investors in a research note. Looking ahead, the firm sees most upside potential across banks, insurance and real estate. Inline with its relative rating approach Barclays adjusted ratings into 2025.