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Bank of America maintains buy rating on Metlen Energy & Metals with 54 euro price target

Investing.com +2 · ·by G4L

BAC Bank Of America Corp
$51.02 +1.01%
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  1. 1Bank of America reaffirmed a buy rating and a price target of 54 euro for Metlen Energy & Metals.
  2. 2Infrastructure subsidiary Metka announced plans for a listing on the Athens Stock Exchange.
  3. 3New funds to be raised by Metka are expected to be approximately 250 million euro.

So what's the key point?

Bank of America recommended buying Metlen Energy & Metals shares with a target price of 54 euro. The plan for a subsidiary to go public and raise about 250 million euro is significant for investors.

Source Investing.com +2 · View original ↗

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