LHV Pank updated equity research on EfTEN Real Estate Fund AS
LHV Pank updated the equity research and price target of EfTEN Real Estate Fund AS (EfTEN; EFT1T) shares. According to the analysis, the price target for the share was increased from 19,6 euros to 20 euros and the share has a “neutral” rating. The previous price target for the EfTEN Real Estate Fund AS shares was set in January 2024.
LHV research points out three main strengths of the EfTEN Real Estate Fund AS: (i) decreasing financial cost base due to falling interest rates; (ii) low vacancy rate; (iii) dividend yield, which is above the level of competitors.
The analysis can be found on the LHV Pank Financial Portal.
Kristjan Tamla
EfTEN Capital AS
Managing Director
Tel: +372 655 9515
E-post: kristjan.tamla@eften.ee