Upcoming merger with Orascom Construction PLC caused unnecessary fear and uncertanity. During such mergers in 75% of cases there is 20% premium paid. Intrinsic value is higher than current value on the market. Analyts recommended prices:
Average price target: Approximately €5.87 to €6.98.
High-end forecast: Around €8.86 to €10.50.
Low-end forecast: Around €4.30 to €4.36.
So calculate intrinsic value yourself for example if its €6 then add 20% premium and Value after merger will be €7,2. In other words you will get so much in value in Orascom Construction PLC stocks.
Average price target: Approximately €5.87 to €6.98.
High-end forecast: Around €8.86 to €10.50.
Low-end forecast: Around €4.30 to €4.36.
So calculate intrinsic value yourself for example if its €6 then add 20% premium and Value after merger will be €7,2. In other words you will get so much in value in Orascom Construction PLC stocks.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.