We upgrade Triglav to Outperform and see an upside potential of c. 25% to our new TP of € 62. Our updated model assumptions reflect the 2025-2030 strategy, with increase in EPS estimates for 2025 and 2026 of 7.4% and 6.8%. We think the 2025 guidance has upside potential and expect an upgrade with H1 results in August. Finally, despite the improved fundamentals, the stock is trading at an unjustified discount to peers.
Three Directors at Zavarovalnica Triglav D.D bought 1,017 shares at between 38.900EUR and 39.000EUR. The significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's direct...
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