MBH Investment Bank started covering AutoWallis’s shares in September 2024 with a HUF 223 12-month target price and a buy rating.
All three of the analyst houses that cover the AutoWallis Group have recently updated their analyses of the group representing 27 brands in 16 regional countries: Concorde Értékpapír Zrt. increased the 12-month target price for the automotive company registered on the Hungarian stock exchange from HUF 230 to HUF 235, while OTP Bank’s increase was from HUF 180 to HUF 210.
The analyst houses released their updated analyses after the region’s major integrated vehicle trading company and mobility service provider published its 2024 results, which showed a 9% increase in revenue to HUF 398 billion with an EBITDA figure of HUF 20.2 billion last year.
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