Lower target price of PLN277.96 due to adjusted estimates

01/03/21 -"Our target price for CD Projekt goes down from PLN309.50 to PLN277.96 due to a lower NAV-, DCF- and peer-group-based fair values."

Executive summary
Conflict of interest

Pages

Language

English

Published on

01/03/21

Download

You may also be interested by these reports :

19/04/24

Dassault Systèmes

Our new target price derives from the fine-tuning of the model. There have been no major changes to our EPS estimates (see the related comments). The ...

18/04/24

MuM Software

Inclusion in our Top Picks list due to sound fundamentals and an attractive valuation

18/04/24

MuM Software

1Q24 first take: A surprisingly strong start, despite tough comps

15/04/24

Temenos

“Hindenburg made a series of inaccurate and misleading allegations about Temenos and its accounting, products, and client relationships” – Our first ...

EXECUTIVE SUMMARY

Updates

Pension Risks

Target & Opinion

Governance & Management

Business & Trends

Graphics : Momentum

Money Making

Graphics : MACD & Volumes

Debt

Graphics : Sensitivities

Valuation

Sector: Performance

DCF

Sector: Key data

NAV/SOTP

Sector: Ratios & Valorisation

Worth knowing

Sector: Peers

Financials

Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking

Trading in corporate shares

Analyst ownership

Advising of corporate (strategy, marketing, debt, etc)

Research paid for by corporate

Provision of corporate access paid for by corporate

Link between and a banking entity

Brokerage activity at AlphaValue