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EQS News: The NAGA Group: NuWays Research Update Available – “BUY” Recommendation Confirmed and Target Price Raised to EUR 1.40

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EQS News: The NAGA Group: NuWays Research Update Available – “BUY” Recommendation Confirmed and Target Price Raised to EUR 1.40

EQS News: The NAGA Group AG / Keywords: Research Update
The NAGA Group: NuWays Research Update Available – “BUY” Recommendation Confirmed and Price Target Raised to EUR 1.40

20.09.2024 / 14:05 Central European Time/Central European Time
The publisher is solely responsible for the content of this communication.

The NAGA Group: NuWays Research Update Available – “BUY” Recommendation Confirmed and Price Target Raised to EUR 1.40

Rating: BUY
Target price: €1.40
Positive for the current share price: 30%

Hamburg, September 20, 2024 – The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7) has had its price target raised to EUR 1.40 (previously: EUR 1.20) in the latest research update from NuWays. The recommendation for the stock remains “BUY” (previously: “BUY”). Based on a Xetra share price of EUR 1.08 on September 19, 2024, the stock is attributed an upside potential of around 30%.

Analysts expect that the recovery in the trading market, combined with cross-selling and synergy effects from the merger and key strategic partnerships, will continue to drive NAGA’s growth.

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About NAGA

NAGA is a leading German Fintech company offering a SuperApp with the aim of merging social trading, stock investing, crypto and neo banking into one unified platform, powered by its own cutting-edge technology. NAGA operates in over 100 countries with 9 local offices and offers a diverse range of services for both fiat and cryptocurrencies. The platform features a physical VISA card with fiat and automatic crypto conversion plus cashback, dynamic social feeds and advanced autocopy features, allowing users to replicate the strategies of successful traders. Designed for a global community, NAGA offers an inclusive and efficient financial ecosystem for personal finance and trading.

Investor Relations Contact

The NAGA Group AG
Michael Milonas
Co-Founder and Deputy CEO
[email protected]

20.09.2024 CET/CEST Dissemination of company news, broadcast by EQS News – a service of EQS Group AG.
The publisher is solely responsible for the content of this communication.

EQS’ distribution services include regulatory announcements, financial/business news and press releases.
Archive at www.eqs-news.com

Language:

English

Company:

The NAGA Group AG

Suhrenkamp 59

22335 Hamburg

Germany

Email address:

[email protected]

Internet:

www.naga.com

ISIN code:

DE000A161NR7

WKN:

A161NR

Please mention:

Regulated unofficial market in Berlin, Düsseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1992577

End of news

EQS News Service

1992577 20.09.2024 Central European Time/Central European Time

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