Enlight Research updated the equity research and price target of EfTEN Real Estate Fund AS (EfTEN; EFT1T) shares. According to the analysis, the fair value of the share is 22.69 euros under the base scenario. This is almost 15% higher compared to the last closing price of the stock on the Tallinn Stock Exchange.
Enlight Research points out the following aspects regarding EfTEN Real Estate Fund AS: (i) stable dividend yield at 6%; (ii) conservatively priced real estate portfolio; (iii) low debt level.
The analysis can be found on the website of EfTEN Real Estate Fund AS and the website of Enlight Research.
