Article: ANALYST OUTLOOK: Raiffeisen ups Hungarian property firm BIF target price 30% to HUF 12,000.

ANALYST OUTLOOK: Raiffeisen ups Hungarian property firm BIF target price 30% to HUF 12,000

BUDAPEST. MARCH 22. INTERFAX CENTRAL EUROPE - Raiffeisen Bank analysts upped the target price of Hungarian property group Budapesti Ingatlan Hasznositasi es Fejlesztesi Nyrt (BIF) by 30% to HUF 12,000 in a Thursday report.

"BIF's financial situation is transparent, its flash reports give a clear picture of business and it has a sizable and good quality real estate portfolio," Raiffeisen analyst Levente Blaho wrote in the report. "Our target price is HUF 12,000 per share, therefore the stock is traded at a 30% discount [compared to the Tuesday closing value of HUF ...

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