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Wood & Company issues BUY recommendation for Banca Transilvania’s shares

May 24, 2024

The brokerage house Wood & Company, based in Prague, kept their BUY recommendation on the shares of Romania’s largest bank by assets, Banca Transilvania (TLV), although they estimated a 14% fall by 14% in the next 12 months. 

The dividend yield is expected to remain in the 4%-5% range over the coming three years after the record values of 5.6%-5.7% values in 2022-2023.

The analysts maintained the target price for TLV shares at RON 6.7 given to the shares of TLV, according...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/wood-company-buy-recommendation-banca-transilvania-2024
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