Citibank revises prices of shares, GDRs of Russian banks
MOSCOW, Apr 19 (PRIME) -- Investment bank Citibank has increased target prices of shares and Global Depositary Receipts (GDRs) of four Russian banks, as seen by PRIME in Citibank’s research note Tuesday.
Below is a breakdown of revised information:
| Bank, type of security | Target price dynamics | Target price, security | Growth/fall potential | Outlook |
|---|---|---|---|---|
| Sberbank, shares | +6% | 135 rubles | +14% | Buy |
| VTB, GDR | +19% | U.S. $1.39 | -35% | Sell |
| Bank Vozrozhdenie, shares | +11% | 497 rubles | +5% | Hold |
| Bank Saint Petersburg, shares | +12% | 65 rubles | +20% | Buy |
(68.2724 rubles – U.S. $1)
End
19.04.2016 14:33
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