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Cyfrowy Polsat media & telco kept at 'neutral', target price marginally up

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Listed media and telecom group Cyfrowy Polsat was kept at 'neutral' and had its target price upped slightly to PLN 25 from PLN 24.8 by Citi brokerage in a report dated March 14.

"FCF yield remains CPS’s main attraction, but strategic risks are not only high, but in our view also growing," the analysts wrote, pointing to competition in mobile network, fixed line, convergence and content.

 

Cyfrowy Polsat was trading at PLN 23.16 when the report was prepared. Shares opened at PLN 23.35 on Wednesday morning.

2017-03-15



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