Recommendations

Stock recommendations are advice provided by analysts of brokerage houses or other financial institutions to support investors in making informed decisions on capital market investments. The recommendations are given for listed companies and include, besides share valuations, an investment rating (which can be positive, neutral, or negative). Recommendations are usually published in the form of research reports.

PGNiG is not responsible for the investment decisions based on these forecasts. Updated on May, 20th 2019.
 

RECOMMENDATIONS
Number of recommendations 12
Number of positive recommendations (buy, accumulate etc.) 5
Number of neutral recommendations (hold, neutral etc.) 4
Number of negative recommendations (sell, underweight etc.) 3

 

TARGET PRICE
average 6.44 PLN
median 6.58 PLN

 

CURRENT ANALYSTS REPORTS
Brokerage House Date of report Recommendation Target price
Raiffeisen Centrobank 17.05.2019 hold 6.25 PLN
Wood & Company 16.05.2019 buy 6.50 PLN
Erste Bank 23.04.2019 accumulate 6.90 PLN
DM Trigon 18.04.2019 hold 6.61 PLN
DM PKO BP 17.04.2019 sell 5.65 PLN
DM BOŚ 04.04.2019 sell 5.00 PLN
mBank DM 02.04.2019 accumulate 6.92 PLN
Santander BM 14.03.2019 hold 6.74 PLN
Citibank / DM Banku Handlowego 03.01.2019 sell 6.60 PLN
Pekao Investment Banking 28.11.2018 buy 7.20 PLN
BDM 12.03.2018 buy 6.55 PLN
Deutsche Bank (from July, 20th 2017 analyst coverage has been suspended) 08.06.2017 hold 6.30 PLN

 

Analysts expectations

Below forecasts were prepared on the basis of recommendations of brokerages.

Forecasts of Brokerage Houses (PLNm):

Sales revenue forecast 2019 2020 2021
average 42,141 41,286 42,870

 

EBITDA forecast 2019 2020 2021
average 6,865 7,643 7,370
 
EBIT forecast 2019 2020 2021
average 4,113 4,785 4,420

 

Net income forecast 2019 2020 2021
average 3,021 3,507 3,202

 

 Updated on May 20th 2019.