Sabancı among favored stocks

Sabancı among favored stocks

Bloomberg

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"Sabancı has $483 million cash in its coffers, which should be boosted further by a cash dividend from Akbank," the brokerage wrote in a report yesterday.

Sabancı trades at a 42 percent discount to its net asset value, compared with its historical average discount of 24 percent, the analyst team including Michael Harris said.