Falcon is a global energy company with projects in Hungary, Australia & South Africa
Developing large acreage positions of unconventional and conventional oil and gas resources
Message: ANALYST VIEW - Goldman Sachs ups target price for Hungary's MOL
ANALYST VIEW - Goldman Sachs ups target price for Hungary's MOL
Thursday, August 13, 2009 10:51:00 AM
Goldman Sachs has raised its target price for Hungary's MOL to HUF 14,300 from HUF 12,400 on Thursday. As the current price of the oil stock is largely on par with the new TP, GS has a ‘Hold' recommendation on the paper.
Goldman Sachs upped its target price for MOL by 15% to HUF 14,300, but as the new TP is only 5% over the current share price (Wednesday's closing rate), the recommendation was set to ‘Hold'.
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