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Metlen: JPMorgan Begins Coverage with a Target Price of 64 Euros and an Overweight Recommendation

Summary by Protothema
30% upside from current levels - In the "blue sky" scenario, JPMorgan's valuation reaches 76 euros per share

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30% upside from current levels - In the "blue sky" scenario, JPMorgan's valuation reaches 76 euros per share

·Marousi, Greece
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Metlen's share coverage with an overweight recommendation and a target price of 64 euros, implying an increase margin of approximately 30% over current levels, begins... JP Morgan: Starts Metlen coverage with a target price of 64 euros - NAUTETRADING

J.P. Morgan gives a target price of 64 euros and an "Outperform" recommendation for Metlen, seeing a 30% upside margin and medium-term EBITDA of up to 2.1 billion euros.

It implies approximately a 30% upside margin compared to the price of €48.4 at the time of publication of the report.

With an Overweight recommendation and a target price of €64 per share, JP Morgan begins coverage of Metlen. The American investment bank sees approximately 30% upside compared to the price of €48.4 at the time of publication of the report. A key pillar of JPMorgan's investment position is the doubling of EBITDA, from approximately €1 billion today to approximately €2.0 billion in the medium term. This increase is estimated to come approximately …

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Reporter.gr broke the news on Wednesday, September 23, 2026.
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