According to the brokerage firm, based on the stock price on the exchange board, there is an upside potential of approximately 31%, which, combined with an expected dividend yield of 6.3%, leads to a total return of 37.3%.
The company within the Fourlis Group is on an upward trajectory, with its net asset value (NAV) strengthening, resulting in an overall return exceeding 10%. The visibility regarding the execution of the €220 million backlog is high, as the relevant projects are either secured or already under development, the report notes.
