Report

ATON DAILY (NVTK, NLMK, ENRU, MGNT) // July 28

● Novatek (NVTK LI; BUY; TP $133) 2Q17 conference call

â–¼ NLMK (NLMK LI; BUY – TP $23) 2Q17 EBITDA 4% below consensus

â–² Enel Russia (ENRU RX; BUY; TP RUB1.20) delivers healthy 1H17 earnings

â–² Enel Russia (ENRU RX; BUY; TP RUB1.20) 1H17 conference call takeaways

● Magnit (MGNT RX; TP: $41/Hold) board recommends interim dividends

Provider
Aton
Aton

Since its inception in 1991, ATON has built a reputation for combining in-depth local knowledge of the Russian market with the highest international standards in research, sales and trade execution. As a result, we have been able to attract many of the leading domestic and international institutional fund management groups as our clients. As one of the leading independent investment banks in Russia, we offer the full range of institutional brokerage service, including:

  • Detailed fundamental analysis of economics, sectors and companies, with the widest coverage universe in Russia and the CIS;
  • Timely trading ideas to help clients take advantage from short-term pricing discrepancies;
  • Competitive prices and prompt execution of trades;
  • An on-line platform providing easy access to all our research products and tools.
  • Client-focused Service
  • We employ state-of-the art technology to ensure the highest quality of investment services as well as the highest level of data protection.


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