KennySillmann @KennySillmann: "The perfect opportunity to buy..."

Netherlands

The perfect opportunity to buy Dutch shares? $INGA.NV (ING Groep NV) has raised its price target for $VPK.NV (Koninklijke Vopak NV) from 42.00 to 46.50 euros while maintaining its buy recommendation, as indicated in a report from the bank on Monday. Following the strong results in the second quarter of 2023, ING expects more positive news to follow. In addition to the favorable momentum in the second half of 2023, the recent divestment of terminals in Rotterdam supports Vopak's strategic plans to generate higher and more predictable returns. According to the bank, Vopak's focus on expansion in LNG, LPG, biofuels, and industrial terminals will benefit from this. ING also views the recent launch of New Energies as a welcome addition. Furthermore, ING pointed out that despite the recovery in the stock price since October 2022, the valuation for this year and the years ahead is still relatively low. The bank is also positive about the dividend yield. Based on the promising outlook and undervaluation of the stock, the bank has added Vopak to its favorites list for the Benelux region. On Monday afternoon, Vopak's shares traded 0.4 percent higher at 32.29 euros. Kind regards, Kenneth Sources: Beleggen nl ABM Financial News $ABN.NV (ABN AMRO Group NV) $NL25

I'm buying tons of these!

100.00%

I won't touch this one

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4 Mentioned

INGA.NV

ING Groep NV

VPK.NV

Koninklijke Vopak NV

ABN.NV

ABN AMRO Group NV

NL25