September 12, 2025
LHV Bank updates Results Review report for Eleving Group
LHV Bank updates Results Review report for Eleving Group

Eleving Group announces that LHV Bank has updated an independent Results Review report on September 11, 2025. The report provides a comprehensive analysis of the Group’s Q2 2025 performance and maintains ‘Buy’ recommendation with EUR 2.25 target price.

Based on the updated estimates, Eleving Group currently trades at a P/E of 5.2x, remaining well below both the peer group and Baltic market averages. LHV has revised its target price for Eleving Group shares to EUR 2.25 and reaffirmed its “Buy” recommendation.