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- 7/28/2021 10:32 AMCzech Economic Outlook: Economy revving up
- 4/28/2021 11:34 AMCzech Economic Outlook: Hawks returning
- 1/27/2021 7:05 PMCzech Economic Outlook: Emerging from the vale of tears
Short-term recommendations
- 2/11/2021 12:17 PMCompany analysis: Avast (Buy, 12m TP CZK180): We increase our target price to GBp600 and keep the Buy recommendation
- 11/27/2020 2:57 PMCeska zbrojovka Group SE (Buy, 12m target = CZK357): Largest Czech firearms manufacturer poised to benefit from growing US market
- 7/23/2020 8:29 AMCompany analysis: CEZ: We keep our BUY recommendation and adjust the 12m target price to CZK621
- 11/12/2019 12:34 PMCompany notes: CME (Hold, 12m target = no price) - We downgrade our recommendation to Hold due to the deal between PPF and CME
- 10/29/2019 2:37 PMCompany analysis: MONETA Money Bank (Buy, 12m target = CZK97) - Digitalisation bears fruits – we confirm our Buy recommendation
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Related commentary and analysis
Indicator Analysis: The Czech economy rebounded less than expected in 2Q
7/30/2021 3:05 PM
A
preliminary estimate of Czech GDP in 2Q published today showed an increase of
0.6% qoq after a previous 0.3% qoq decline. Compared with our forecast of 2.1% qoq growth
and the market consensus of 2.0%, this was a significant negative surprise.
However, uncertainty of the CZSO estimate remains high and so we can see some
data revisions in the future. In yoy terms, the economy recorded record-high
growth of 7.8%, which, however, was largely given by the low base of 2020. Economic
activity in 2Q reached 95% of its pre-crisis levels (measured against the
last quarter of 2019).
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All data included on KB Investment Banking website are for information purposes only. Komerční banka, a. s., does not vouch for the correctness and completeness of any information available on this site and cannot be held responsible for any damages.
Other commentaries
- 7/30/2021 3:05 PMIndicator Analysis: The Czech economy rebounded less than expected in 2Q
- 7/29/2021 10:25 AMComment on financial results: Moneta: Results for 2Q above estimates; net profit guidance increased
- 7/28/2021 10:45 AMForecast data
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