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ubs upgrades allfunds to buy raises target price to six thirty euros

UBS analyst Haley Tam has upgraded Allfunds Group Plc from Neutral to Buy, raising the price target to EUR6.30 from EUR5.90, reflecting a 7% increase. This decision is driven by improved European market prospects and a projected cyclical recovery in fund flows by 2025, with an expected return of 15%. The firm's positive outlook is supported by revised earnings estimates and a favorable macroeconomic environment for European equities.
Investing.com
Euro Allfunds Group plc ESP Haley Tam
Finance & Economy, Market Report
07:30 14.03.2025

ubs upgrades allfunds to buy raises price target to six thirty

UBS analyst Haley Tam has upgraded Allfunds Group Plc from Neutral to Buy, raising the price target to €6.30 from €5.90, reflecting a 7% increase. This decision is driven by an improved outlook for European markets and a projected cyclical recovery in fund flows through 2025, with an expected return of 15%. The bank's positive stance is supported by revised earnings per share forecasts and a favorable macroeconomic environment for European equities.
Investing.com Deutsch
Euro Allfunds Group plc ESP Haley Tam
Business & Industry, Market Report
06:56 14.03.2025
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