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Analysts' coverage

Company	Analyst	Position	Rating	Target price	Updated on	Report
Enlight Research OÜ¹	Research team	-	-	€2.39	19 February 2025
LHV Pank AS	Marek Randma	Head of Baltic Equity Research	Buy	€2.35	28 February 2025	²
Signet Bank AS	Valters Smiltans	Investment Analyst	Buy³	€1.88	20 November 2024
Warburg Research GmbH	Marius Fuhrberg	Senior Equity Research Analyst	Buy	€2.60	31 March 2025	⁴

The report was commissioned by Eleving Group which means Enlight Research OÜ received compensation to write research on the company.
The report is available for the LHV Baltic Analyses subscribers.
The Research Company does not provide an explicit buy/sell rating. However, according to its internal guidelines, the implied recommendation is "Buy," indicating an expected total return (including dividends) of over 10% within the next 12 to 18 months.
The report is available for the Warburg Research Portal subscribers.

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