EQS-News 105 0 Kommentare NAGA receives “BUY” rating and target price of EUR 1.40 in new M.M. WARBURG & CO report

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NAGA Group AG receives "BUY" rating and EUR 1.40 target price
Upside potential of 79.5% from current share price
Merger with Capex.com highlighted in positive outlook post-closing

EQS-News: The NAGA Group AG / Key word(s): Research Update
NAGA receives “BUY” rating and target price of EUR 1.40 in new M.M. WARBURG & CO report

22.05.2024 / 11:45 CET/CEST
The issuer is solely responsible for the content of this announcement.

NAGA receives “BUY” rating and target price of EUR 1.40 in new M.M. WARBURG & CO report

Rating: Buy
Price Target: EUR 1.40
Upside to current share price: 79.5%

Hamburg, 22 May 2024 – The NAGA GROUP (XETRA: N4G, ISIN: DE000A161NR7) today announced that M.M. Warburg & Co issued a new research report on the company, assigning a “BUY” rating and a target price of EUR 1.40. Based on a Xetra share price of EUR 0.78 on 21 May 2024, an upside potential of over 79% is attributed to the shares.

The report highlights the benefits of the merger with Capex.com and its positive outlook post-closing. We encourage investors to review the full report, available on our website.

Click here to access

About NAGA

NAGA is an innovative fintech company that seamlessly connects personal finance transactions and investments through its social proprietary trading platform. The company's platform offers a range of products from stock trading, investments, and cryptocurrencies to a physical VISA card. Additionally, the platform allows for exchanges with other traders, provides relevant information in the feed, and autocopy features for successful members' trades. NAGA is a synergistic total solution that is easily accessible and inclusive. It provides an improved foundation to trade, invest, network, earn and pay. This applies to both fiat and crypto products.

Investor Relations Contact

The NAGA Group AG
Michael Milonas
Co-Founder and Deputy CEO
ir@naga.com

22.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	The NAGA Group AG
	Hohe Bleichen 12
	20354 Hamburg
	Germany
E-mail:	info@naga.com
Internet:	www.naga.com
ISIN:	DE000A161NR7
WKN:	A161NR
Indices:	Scale 30
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1908079