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    EQS-News  121  0 Kommentare NAGA with renewed “BUY” recommendation and price target of EUR 1.20 from NuWays

    Für Sie zusammengefasst
    • NAGA upgraded to "BUY" with price target of EUR 1.20
    • Analysts expect synergy effects and sales boost
    • NAGA offers diverse financial services globally

    EQS-News: The NAGA Group AG / Key word(s): Research Update
    NAGA with renewed “BUY” recommendation and price target of EUR 1.20 from NuWays

    29.05.2024 / 07:30 CET/CEST
    The issuer is solely responsible for the content of this announcement.


    NAGA with renewed “BUY” recommendation and price target of EUR 1.20 from NuWays

    Rating:
    Buy
    Price target: EUR 1.20
    Upside to current share price: 51.9%

    Hamburg, 29 May 2024 – NAGA GROUP AG (XETRA: N4G, ISIN: DE000A161NR7) is upgraded to "BUY" (previously: "HOLD") in the latest research report from NuWays. The adjustment of the price target to EUR 1.20 (previously: 1.30) reflects the first-time recognition of CAPEX.com activities following the merger with NAGA Group. Based on a Xetra share price of EUR 0.79 on 24 May 2024, the share is attributed an upside potential of over 51%.

    Alongside the expected synergy effects from the merger, the analysts also emphasize the cross-selling potential between NAGA and CAPEX, which should boost sales. In addition, customer activity in the market is expected to pick up.

    We encourage investors to review the full report, available on our website.

    Click here to access

    About NAGA

    NAGA is a leading German Fintech Company offering a SuperApp with the aim to merge social trading, investing in stocks, crypto, and neo banking into one unified platform, powered by its proprietary advanced technology. Operating in over 100 countries with 9 local offices, NAGA offers a diverse range of services for both fiat and cryptocurrencies. The platform features a physical VISA card with fiat and automatic crypto conversion plus cashback, dynamic social feeds, and advanced autocopy functions, enabling users to replicate the strategies of successful traders. Designed for a global community, NAGA provides an inclusive and efficient financial ecosystem for personal finance and trading.

    Investor Relations Contact

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



    29.05.2024 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.

    The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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: 1912989

     
    End of News EQS News Service

    1912989  29.05.2024 CET/CEST

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    EQS-News NAGA with renewed “BUY” recommendation and price target of EUR 1.20 from NuWays EQS-News: The NAGA Group AG / Key word(s): Research Update NAGA with renewed “BUY” recommendation and price target of EUR 1.20 from NuWays 29.05.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. NAGA with …

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