Italy is on the brink of a trend reversal
Due to the transfer of coverage, we update our forecasts and set our 12m-targetprice to HUF 975, implying a limited upside potential of 6% after the recent rally in
DH’s shares. The stock trades at a P/E ratio of 12.7x/7.6x/7.5x for ‘24/’25/’26.
Duna House is the leading provider of consumer finance and real estate solutions in CEE region
with operations in Hungary, Italy, Poland and Czech Republic, engaging in loan brokerage and
real estate transactions. Operating under their international Credipass brand, it acts as an
intermediary between residential and SME clients and the leading credit institutions, insurance
companies and other financial institutions in Hungary, Italy and Poland.
Concorde Securities Ltd. is Hungary’s leading independent company engaged in investment banking activities. It provides its clients with integrated financial services, including securities trading, research, corporate financing advisory, capital market transactions, wealth management and investment advisory. The operational management of the company is the responsibility of the CEO, while the owners/managers (who control one-third of the company through their shares and options) are in charge of its strategic governance. Concorde Securities Ltd. is a member of the Budapest, Frankfurt, Warsaw and Bucharest stock exchanges, as well as of the Hungarian Association of Investment Service Providers.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.