Analysts at Concorde brokerage gave the most reliable equity targets for Hungarian and regional stocks to institutional investors in 2011, according to a survey by Bloomberg.
Of the 21 companies tracked by the news agency, Concorde gave the most accurate valuations in 11 cases.
An investor who followed the recommendation of Attila Gyurcsik on Polish bank stock Polish PKO would have made a 15% profit.
Another Concorde analyst, Attila Vágó, gave accurate forecasts for Polish energy company PKN Orlen, which rose 36% in 2011.
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