2012-03-15 15:01

Stock exchange experts optimistic about investing in Lithuanian companies

Possibilities to invest in the Baltic stock exchange improved in the last six months, a poll conducted by the business daily Verslo Žinios has shown.
Akcijų birža
Akcijų birža / AFP/„Scanpix“ nuotr.

On 7-14 March, the daily conducted a traditional poll, which involved 19 Lithuanian brokers, analysts and fund managers who were asked to express their views as to which stocks listed on the NASDAQ OMX Vilnius Stock Exchange should be bought, sold or held within the following six months.

Apranga (16 recommendations), Linas Agro Group (13) and Grigiškės (10) got ten or more “Buy” recommendations. Šiaulių Bankas (8), Pieno Žvaigždės (7), Rokiškio Sūris (7), Vilkyškių Pieninė (6), Invalda (6) and Žemaitijos Pienas (5) got five or more of such recommendations.

According to the data from a similar poll, which was conducted six months ago and involved 16 experts, three companies, including Invalda, Šiaulių Bankas and Apranga, got eight or more “Buy” recommendations.

However, there are many companies which have been given a “Hold” recommendation. Moreover, certain stocks, in particular on the Secondary List, got “Sell” recommendations from almost all analysts.

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