Citi has raised its target price for Alpha Bank to €5.30 from €4.70 following the Greek lender’s strong second-quarter results , while retaining its buy recommendation for the shares.
Based on Alpha Bank’s closing share price of €4.55 on August 7 , the revised target implies 16.5 per cent upside , which rises to a total potential return of 19.1 per cent when factoring in the expected 2.6 per cent
