Thursday, October 13, 2016

IM rises target price of Novabase for 3,55 euros after sale of assets to Vinci – Jornal de Negócios – Portugal

on A note of “research”, which was released this Thursday, October 13, the investment bank IM Values increased the target price of Novabase 2.65 € 3,55 euros, taking into account the closing value of 2,118 euros of the listed in the session today, giving it a potential valuation 67,61%.

This “research” was conducted already after the announcement of the sale, by Novabase, business infrastructure, and managed services to French Vinci, the same group in Portugal that owns the ANA Airports. Business that has led the securities of the Company to value above 5.5% in the session today, the day that touched us 2,15 euros per share, a maximum of 11 of May of this year.

as for the recommendation for the securities of technology was maintained at “buy”, with the IM the notice that this is a bet of a “high risk”.


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