Euroxx Research has raised its earnings forecasts for the Bank of Cyprus for 2026-2028 and increased its target price for the lender’s shares to €13 from €11.50 , following stronger-than-expected first-half results.
The brokerage said the shares remain an attractive investment option , combining defensive characteristics, a strong capital position and an exceptionally high dividend yield, which it expects to reach 9.2 per cent in 2026.
The Bank of Cyprus
