goldman sachs

Goldman Sachs maintains a “buy” recommendation on Greece’s public power corporation (PPC) based on the company’s ongoing transformation, the projected 20% earnings per share (EPS CAGR) for 2024-2027, and robust execution indications, with planned renewable energy additions supported by assets already under construction. The multinational investment bank and financial services company estimates PPC’s financial results […]

Goldman Sachs downgrades Eurobank to "Neutral" from "Buy" due to its valuation, trading at 1x price-to-tangible book value (P/TBV).

Despite more robust refining margins, Goldman Sachs anticipates several headwinds for Motor Oil and Helleniq Energy

“These are sectors where Europe as a whole struggles, but Greece is performing better,” he said.

Goldman Sachs highlights Greece, Spain, and Portugal are outpacing other Eurozone members in growth in the post-COVID era.

Another key topic of discussion with investors was the upgrade of medium-term guidance for the 2025-2026 period by several banks.

The investment banking company lowered its projections for the net profits of the Greek refineries due to the recent imposition of a landfall tax on profits by the Greek government.

Goldman Sachs sees an upgrade of the Greek stock market

The previous forecast by the firm on the Greek Stock Exchange was 1,375, with Goldman Sachs reiterating its prior estimation of an 8% rise in earnings per share (EPS) for Greece