Bank of America starts coverage of preferred shares of Bashneft and Tatneft
Edited by Rhod Mackenzie / 2014-03-18 03:14:13
On Tuesday, Bank of America Merrill Lynch Global Research started coverage of preferred shares of Bashneft and Tatneft, the bank reports.
The predicted price of Bashneft was set at the level of 1700 rubles per share that implies potential of the price growth by 36% from the current level. The predicted price of Tatneft makes up 120 rubles, the growth potential is 4%.
