bullish

Bankinter SA

Bankinter: Linea Directa Spin-Off

509 Views29 Apr 2021 05:35
LDA will debut with a P/E 12x-13x, an attractive price, below the median of comparable European general insurers (Fwd P/E of 17x), which should provide some decent upside. Long LDA, TP €1.71.
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Jesus Rodriguez Aguilar
European Event-Driven Analyst
Multi-AssetEvent-Driven
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