strokuś
/ .* / 2005-03-09 10:38
9.IIIUBS has lifted its price target for Hungarian oil and gas group MOL to HUF 20,000, Bloomberg reported on Wednesday. So far there has been anyone who put MOL's price target to above HUF 18,000.The UBS analysis must have contributed greatly to the fact that MOL's share price has risen to over HUF 16,000 on the Budapest Stock Exchange (BSE). The reputation of the Swiss investment bank has increased substantially in the past two years, thanks to its analyses, which predicted future events rather accurately. (UBS was among the first to project an upswing of Egis.)===8.IIIOil group MOL joined OTP Bank in the elite club of listed Hungarian companies with a market capitalization in excess of USD 10 billion.===8.IIIFund managers' top pick is MOLFund managers contributing to the poll were:Aegon Asset Management, Budapest Bank Fund Management, CA-IB (Warsaw), CA-IB Fund Management (Budapest), CIB Fund Management, Concorde Fund Management, Credit Suisse Life & Pension, Credit Suisse Asset Management, Europool, Generali Fund Management, ING Investment, K&H Fund Management, OTP Fund Management, Raiffeisen Fund Management, Vontobel.MOL turned out to be the absolute favourite when asked about individual shares - it was mentioned 8 times, while OTP ranks only 5th. BorsodChem came in second, while Matáv was not picked by any of the fund managers. (They could mention more than one share).