The NAGA Group AG / DE000A161NR7
19.07.2024 - 07:30:04The NAGA Group: Research update from NuWays available – “BUY” recommendation and price target of EUR 1.20 confirmed
| The NAGA Group AG / Key word(s): Research Update 19.07.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Rating: BUY Price target: EUR 1.20 Upside to current share price: 50.0% Hamburg, 19 July 2024 – The NAGA GROUP AG (XETRA: N4G, ISIN: DE000A161NR7), maintains “BUY” rating (previously: “BUY”) with a price target of EUR 1.20 (previously: EUR 1.20) in the latest research update from NuWays. Based on a Xetra share price of EUR 0.80 on 17 July 2024, the share is attributed an upside potential of over 50%. The analysts expect promising results from the merger with CAPEX.com and emphasize the revival of trading activities in the market, cross-selling potential between NAGA and CAPEX.com as well as synergy effects and the ongoing cost discipline. 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 19.07.2024 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. Archive at www.eqs-news.com |
| 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: | 1949505 |
| End of News | EQS News Service |
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