Kepler ups Immofinanz, expects solid operating trends to persist

CPI Europe AG

09/01/2025 13:31

** Kepler Cheuvreux upgrades Immofinanz  IMFI.VI  to "buy"
from "hold" saying it expects "sound operating trends" to
continue
    ** The upgrade follows an almost 60% drop in the Austrian
real estate firm's shares from their peak last August, the
broker notes
    ** "More positive-than-expected operational trends in 9M
2024 and recent acquisitions lead us to strongly increase our
FFO1 per share forecasts," Kepler adds
    ** The stock is up 5% in afternoon trade

 (Reporting by Anastasiia Kozlova)
 ((Anastasiia.Kozlova@thomsonreuters.com))