Euroxx starts coverage on Lamda shares, sees steep upside

November 13, 2019

 

 

 

Euroxx Securities started coverage on stocks of Lamda Development with price target of 12.60 euros per share, implying an upside of 75 percent from current levels.

 

The brokerage has an overweight rating on Lamda, the company that will build the 8 billion euro Hellinikon complex. Lamda poses the best way to obtain direct exposure to the Hellinikon complex and Greece's promising real estate sector, adds Euroxx. 

 

Lamda shares were trading at around 7.19 euros on the Athens stock market on Wednesday. In the last three months, the shares have dipped 20 percent, versus gains of 4 percent booked by the bourse's general index.

Featured homes for sale in Athens from Epsilon Team:

 

 

 

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The perfect view. Wake up in the mornings and feel inspired by the Acropolis. This fourth level apartment covers 161 square meters and features large balconies, two spacious bedrooms (one master) and two bathroomsPriced to sell.

Agent: EPSILON TEAM

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Neoclassic beauty. This 1936 detached house is in top condition. Split over two levels, its provides 3 bedrooms, 3 bathrooms, two fireplaces  and inner stairs. It stretches over 270 square meters and also features wooden floors, garden and storage areas. For those looking for more independent living.

AGENT: EPSILON TEAM

Special price for GreekGuru.net readers.

 

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