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Why Goldman Sachs finds the Greek market attractive  New target of 2,600 units
GR🏛️ Politics2 days ago

Why Goldman Sachs finds the Greek market attractive New target of 2,600 units

The article discusses Goldman Sachs' positive outlook on the Greek stock market, citing strong performance and attractive valuations. It notes that the Athens Stock Exchange General Index is currently at 2,468 points, with a target of reaching 2,600 points within 12 months. The market has already seen a 14.6% increase year-to-date in local currency terms and an 11.9% rise in USD terms. Goldman Sachs highlights that the price-to-earnings ratio for the next 12 months stands at 10.5 times, lower than the average of emerging markets (11.3 times). The price-to-book ratio is at 1.5 times, and the estimated dividend yield is 4.8%, which remains highly competitive.

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Proto Thema logoProto ThemaIndependentCenter2 days ago
Why Goldman Sachs finds the Greek market attractive New target of 2,600 units

The article discusses Goldman Sachs' positive outlook on the Greek stock market, citing strong performance and attractive valuations. It notes that the Athens Stock Exchange General Index is currently at 2,468 points, with a target of reaching 2,600 points within 12 months. The market has already seen a 14.6% increase year-to-date in local currency terms and an 11.9% rise in USD terms. Goldman Sachs highlights that the price-to-earnings ratio for the next 12 months stands at 10.5 times, lower than the average of emerging markets (11.3 times). The price-to-book ratio is at 1.5 times, and the estimated dividend yield is 4.8%, which remains highly competitive.

Bias read (Center): While the article focuses on financial metrics and market performance, it does not take a clear ideological stance. The framing is objective, presenting data and projections without overtly favoring any particular political agenda. The emphasis is on economic indicators rather than political actions

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