CitibankWith the high inflation expectations in Turkey, Borsa İstanbul revised its price targets for companies. With the effect of inflation expectations, which have been reshaped with the economy management led by the newly appointed Mehmet Şimşek, the Bank has made a buy recommendation for the stocks of companies operating in the retail side.
In the report published by Citibank, a buy recommendation was made for Turkish companies, with the exception of Arçelik and Migros.
Citibank revised the previous target price of 80 TL to 106 TL for Anadolu Efes. For Arçelik, on the other hand, it increased its target price from 103 TL to 160 TL.
In the retail sector, Citibank revised its target price for Bim from 182 TL to 260 TL and gave a buy recommendation. For Migros, on the other hand, it increased its target price from 195 TL to 295 TL and offered a hold offer.
While the target price determined by Citibank for Coca-Cola was 380 TL in the report, the target price indicated for Şok Marketler was determined as 54 TL.
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