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Concorde sees 27% growth potential in Romania's telco DIGI

June 12, 2024

Budapest-based brokerage company Concorde Securities has issued a BUY recommendation for the shares of the Romanian telecommunications operator Digi Communications (BVB: DIGI) and a 12-month price target of RON 84 (a significant upgrade from RON 47 previously) in the coming months, which implies a potential of 27.3% growth versus the current price (June 11).

Concorde estimated the target price based on the DCF (discounted cash flow) model.

It admits that based on a peer group comparison,...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/concorde-growth-potential-digi-june-2024
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