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Most important analyses

29/04/2025 17:15
Czech Economic Outlook: Tariffs Bite off a Chunk of Growth
29/01/2025 16:18
Czech Economic Outlook: Inflation on Target, Economy Limping Along
23/10/2024 11:25
Czech Economic Outlook: Economy Reluctant to Take Off

Short-term recommendations

16/01/2025 11:12
Company analysis: Moneta (Buy, TP = CZK143.3): Strong capital position supports high dividend
15/11/2024 10:28
Company analysis: CEZ (Hold, TP CZK923): Falling electricity prices
03/09/2024 09:35
Company analysis: Kofola (Buy, TP=CZK402) - 12m target upgrade - Organic growth & boost from M&A, higher dividend
21/03/2024 15:21
Company analysis: PMCR (Buy, TP=CZK17,041) - Rating upgrade - Still offers a decent dividend, we raise our recommendation to Buy
09/02/2024 12:27
Company analysis: Colt CZ (Buy, TP=CZK921) - 12m target upgrade - Boosted by M&A

Presentation

03/05/2023 14:04
Czech Economic Outlook - May 2023

Prognosis and recommendations

21/05/2025 10:05
Forecast data
Investment Banking Comments and analyses

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If your company based in the European Economic Area (EEA) provides investment service of asset management or independent investment advice under MiFID II, you will have to i) make direct payments of your own resources or ii) make payments from a separate account that is funded by a specific research charge to the client. Therefore, starting January 3, 2018, in-scope entities will have to pay for the investment research provided by Komerční banka, a.s. under a formal contractual agreement related to the provision of investment recommendations. If the MiFID II applies to you, please contact us on research@kb.cz.

IMPORTANT NOTICE

The MiFID II, effective from January 3, 2018, significantly changed the rules governing investment research. If you are an individual or a legal entity that does not provide investment service of asset management or independent investment advice, MiFID II requirements do not apply to you.

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IMPORTANT NOTICE

The MiFID II, effective from January 3, 2018, significantly changed the rules governing investment research. If you are an individual or a legal entity that does not provide investment service of asset management or independent investment advice, MiFID II requirements do not apply to you.

If your company based in the European Economic Area (EEA) provides investment service of asset management or independent investment advice under MiFID II, you will have to i) make direct payments of your own resources or ii) make payments from a separate account that is funded by a specific research charge to the client. Therefore, starting January 3, 2018, in-scope entities will have to pay for the investment research provided by Komerční banka, a.s. under a formal contractual agreement related to the provision of investment recommendations. If the MiFID II applies to you, please contact us on research@kb.cz.

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