Wednesday, February 9, 2011

UBS places Alpha Bank and MIG on buy list

UBS said on Wednesday that it put Alpha Bank and Marfin Investment Group on its “buy” list regarding European Top 20 Small and Midcaps.

Agricultural Bank of Greece (ATE) is placed on the sell list, according to the report.

UBS sets its target price for Alpha Bank at EUR6.2, while MIG’s target price is set at EUR7.2.

The firm places neutral ratings on Piraeus Bank and Marfin Popular Bank, while it sets target prices of EUR1.8 and EUR1.3 respectively.


source: CAPITAL