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Oblíbené tituly

Name	Best buy	Best sell	Change (%)
ČEZ	825.00	828.00	-0.28
KB	4,036.00	4,049.00	0.00
PKN	40.30	40.40	-0.98
Richter	-	-	0.28
Msft	23.96	23.97	-1.36
NOKS.DE	-	-	-
IBM	125.95	126.01	-1.28
PFE.N	16.33	16.34	-0.73

07/09/2010 22:14:46

Real-Time data

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Stocks online

Name	Best buy	Best sell	Change (%)
Altria	23.11	23.13	0.87
Boeing	63.41	63.43	-1.89
Citi	3.82	3.84	-2.05
CocaCol	57.62	57.66	0.12
Exxon	60.54	60.58	-1.26
Ford	11.80	11.81	-2.24
GE	15.44	15.45	0.26
IBM	125.95	126.01	-1.28
Msft	23.96	23.97	-1.36

07/09/2010 22:14:46

Real-Time data

Indices online

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Recommendations - Stocks

Patria Finance is the biggest licensed stock broker on the Prague stock exchange. Along with its parent company KBC it offers its customers quality services including investment recommendations on particular stocks. Actual recommendations of both companies can be found on this webpage. Growth potential is a difference between fair value and actual market price of a particular stock.

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Patria/KBC - Investment recommendation - CEE

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Poslední aktualizace: 28/07/2010

Name of security	New recommendation	Previous recommendation	Contract	Price (market)	Price (fair)	Potential (%)
AAA	Buy		Yes	-	15.78	-12.53
Agora Depository Receipt	Buy	Hold		24.95	27.50	10.22
AmRest	Buy			73.95	79.50	7.51
Asseco Poland	Hold	Hold		55.05	60.00	8.99
Asseco Slovakia	Buy			-	30.00	20.48
Bank Millennium	Hold			4.49	4.56	1.56
Bank Pekao SA	Sell	Hold		156.90	139.00	-11.41
Bank Zachodni	Hold	Sell		193.90	200.80	3.56
Bioton	Sell			0.22	0.16	-27.27
BRE Bank	Buy	Sell		259.00	253.40	-2.16
Budimex	Hold			91.80	91.42	-0.41
CCC	Buy			56.50	63.50	12.39
Cersanit	Hold	Buy		10.80	13.86	28.33
CETV	Buy	Buy		430.50	699.00	62.37
Cinema City Intl	Buy			42.56	41.00	-3.67
ComArch	Hold	Buy		76.80	95.00	23.70
Comp	Buy			68.00	75.00	10.29
Cyfrowy Polsat	Buy			14.65	18.00	22.87
ČEZ	Hold	Buy	Yes	825.65	979.00	18.57
Dom Development	Sell			48.00	46.50	-3.13
EGIS Nyrt	Buy	Buy		20,500.00	25,078.00	22.33
Echo Investment	Buy			4.61	5.24	13.67
Eldorado SA	Buy			83.10	90.00	8.30
Elstar Oils	Hold	Buy		5.45	8.64	58.53
ERSTE BANK	Buy	Hold		-	1,054.00	45.60
FHB Jelzalogbank	Sell	Sell		1,194.00	1,111.00	-6.95
Gedeon Richter	Hold	Buy		48,155.00	73,428.00	52.48
Getin Holding	Buy			9.98	11.80	18.24
Globe Trade Ct	Buy	Buy		22.63	26.94	19.05
Grupa Lotos	Buy			30.45	38.90	27.75
ING Bank Slaski	Hold			799.50	773.90	-3.20
JW Construction	Hold			16.59	16.11	-2.89
Kety	Hold	Hold		106.20	113.00	6.40
KGHM	Buy	Buy		110.90	115.00	3.70
KOMERČNÍ BANKA	Buy	Hold		4,026.00	4,257.00	5.74
LC Corp	Buy			1.61	1.89	17.39
LPP SA	Sell			1,800.00	1,540.00	-14.44
Magyar Telekom	Under Review	Hold		684.00	-	-
MOL Magyar Olaj	Hold	Hold		21,560.00	18,498.00	-14.20
Netia	Under Review	Sell		4.74	-	-
NFI Empik Media	Hold			18.16	21.50	18.39
NWR	Buy			-	280.30	28.76
ORCO	Sell	Buy		-	164.00	-15.90
OTP Bank	Buy	Buy		4,850.00	8,018.00	65.32
PBG	Buy			237.50	247.00	4.00
PGNiG	Buy	Buy		3.41	4.32	26.69
PHILIP MORRIS ČR	Hold	Buy		-	10,039.00	13.98
PKN ORLEN	Hold	Buy		40.30	36.00	-10.67
PKO BP	Buy	Hold		39.68	43.20	8.87
Polimex Most	Buy			4.43	5.90	33.18
Ronson Europe	Buy			1.69	2.07	22.49
Sygnity	Sell	Hold		14.60	12.00	-17.81
TELEFÓNICA O2 C.R.	Under Review	Hold		388.50	540.00	39.00
Telekom Polska	Under Review	Buy		16.50	-	-
TVN	Hold	Hold		17.18	17.00	-1.05
UNIPETROL	Sell	Hold	Yes	-	172.30	-23.46
Vistula	Buy			2.54	3.50	37.80
		Buy	Hold	Sell
Patria Recommendations - total:		49.12%	29.82%	14.04%
Patria Recommendations - contract with issuer:		33.33%	33.33%	33.33%

Patria/KBC investment recommendation history

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Date	Recommendation	Price (fair)
26/03/2010	Under Review	540.00
11/12/2008	Buy	540.00
04/03/2008	Buy	678.00
29/10/2007	Buy	646.00
28/02/2007	Hold	531.00
02/11/2006	Hold	504.00
25/07/2006	Hold	507.00
03/07/2006	Hold	503.00
22/05/2006	Buy	510.00
31/03/2006	Hold	510.00
27/02/2006	Sell	510.00
09/01/2006	Sell	480.00

KBC - Investment recommendation - World

Poslední aktualizace: 02/09/2010

Name of security	New recommendation	Previous recommendation	Price (market)	Price (fair)	Potential (%)
4Energy Invest	Accumulate		2.82	5.00	77.30
Aalberts Inds	Buy		11.89	17.00	42.98
Ablynx	Buy		7.20	11.00	52.78
ABN AMRO Hold	Accumulate	Accumulate	-	37.40	1.22
Ackermans	Buy	Accumulate	55.08	60.00	8.93
AGF Assurances	Reduce	Accumulate	124.21	105.00	-15.47
Agfa-Gevaert	Hold	Accumulate	5.57	7.00	25.67
Ahold	Accumulate		9.87	11.00	11.49
Akzo Nobel NV	Accumulate	Accumulate	43.39	52.00	19.84
Arcadis	Accumulate		16.34	18.00	10.16
ARINSO	Accumulate	Accumulate	-	18.50	-
Arseus	Accumulate		9.50	10.50	10.53
Artwork Systems	Accumulate	Accumulate	-	11.50	0.88
Axa SA	Buy	Buy	12.99	22.50	73.21
BAM Groep NV	Accumulate		4.19	5.50	31.23
Barco NV	Buy	Reduce	35.79	48.00	34.12
Bekaert	Buy	Accumulate	168.05	180.00	7.11
BP	Accumulate	Reduce	407.81	640.00	56.94
Brederode SA	Buy		16.30	19.50	19.63
CFE	Buy		39.70	48.00	20.91
Corio NV	Buy		47.66	51.00	7.02
CTC Media	Buy		19.50	19.50	0.00
Deceuninck	Accumulate	Accumulate	1.81	2.00	10.50
Delhaize	Hold	Accumulate	54.22	55.00	1.44
DEVGEN	Accumulate		7.68	8.60	11.98
Dexia CC	Accumulate	Accumulate	3.24	4.50	38.97
D'Ieteren	Buy	Accumulate	377.60	425.00	12.55
Elia System Op	Accumulate		27.00	31.50	16.67
ENI	Buy	Accumulate	-	31.00	-
EPIQ	Hold		1.70	1.50	-11.76
Etn Fr Colruyt	Hold	Reduce	156.50	190.00	21.41
Euronav	Accumulate		13.89	20.00	43.99
EVS Broadcast EQ	Accumulate	Buy	43.07	44.00	2.16
Exmar NV Ord Shs	Buy		5.49	7.20	31.15
Fluxys SA	Hold		-	2,500.00	-
Fortis NV	Buy	Reduce	2.06	3.25	57.92
Foyer	Accumulate		41.00	50.00	21.95
Fugro NV	Accumulate		46.63	50.00	7.24
GIMV	Accumulate		38.89	39.50	1.57
Grontmij NV	Buy		13.42	22.00	63.93
Hamon & Cie	Hold		26.00	30.00	15.38
Heijmans NV	Hold		12.12	15.00	23.76
Heineken Hld	Accumulate		30.72	42.00	36.74
ICOS Vision Sys	Accumulate	Buy	-	36.50	-
Immofinanz	Buy		2.75	3.59	30.59
Imtech	Buy		22.81	27.00	18.40
InBev	Hold	Reduce	42.90	40.00	-6.76
ING Groep NV	Buy	Accumulate	7.40	9.00	21.70
Innogenetics NV	Accumulate	Accumulate	-	6.50	1.09
IRIS Groep NV	Buy	Accumulate	-	48.00	-
Keyrus	Accumulate	Buy	-	5.00	-
Kinepolis	Buy	Accumulate	48.49	60.00	23.74
Koninklijke Bosk	Accumulate		28.35	38.00	34.04
Koninklijke DSM	Buy	Buy	34.93	46.00	31.69
Koninklijke Wess	Hold	Accumulate	2.58	3.30	27.91
L'Oreal	Accumulate	Buy	81.00	86.00	6.17
LVMH	Accumulate	Buy	97.05	90.00	-7.26
Melexis	Buy		9.74	11.00	12.94
Memscap	Buy	Buy	-	17.00	-
Miko	Accumulate		49.01	56.50	15.28
Mobistar SA	Hold	Accumulate	44.90	45.00	0.22
NextRadioTV	Buy	Buy	-	30.00	-
Nutreco NV	Accumulate		46.80	52.00	11.12
Nyrstar (D)	Buy		8.93	12.50	39.98
Omega Pharma	Accumulate	Accumulate	28.27	37.00	30.90
Option Intl NV	Sell	Buy	0.36	0.40	11.11
Pargesa	Accumulate		69.85	82.00	17.39
Petrom	Buy	Hold	-	0.36	-
Pharming Group	Hold	Reduce	0.16	0.20	23.46
Randstad	Hold	Accumulate	31.51	48.00	52.36
RealDolmen	Buy		13.80	23.00	66.67
Recticel SA	Accumulate	Accumulate	7.04	9.00	27.84
Reed Elsevier NV	Accumulate		9.61	11.00	14.49
Repsol YPF	Reduce	Reduce	-	26.00	-
Resilux NV	Buy		54.49	60.00	10.11
RHJ Intl	Buy		6.30	8.10	28.57
Rompetrol Rafina	Buy	Hold	-	0.02	-
Royal Dutch Shel	Accumulate	Buy	21.74	29.00	33.43
RTL Group	Reduce	Accumulate	-	83.00	-
SBM Offshore	Buy		12.65	16.50	30.49
SES Global	Accumulate	Accumulate	18.26	16.00	-12.38
SIPEF	Accumulate		50.75	60.00	18.23
SNS REAAL Groep	Buy		3.30	6.50	96.85
Sparkasse Immob	Buy		5.20	7.22	38.85
Suez	Hold	Buy	-	28.00	3.70
Technip	Hold	Reduce	52.94	55.00	3.89
Telenet Grp Hldg	Accumulate	Buy	23.40	24.00	2.56
Ter Beke NV	Accumulate		58.05	60.00	3.36
Tessenderlo	Hold		22.64	25.00	10.42
Thrombogenics NV	Buy		17.00	20.00	17.65
TNT NV	Hold		20.41	23.00	12.69
Tubize	Buy		20.79	31.75	52.72
Turkcell Iletisi	Hold	Hold	-	10.00	-
UCB SA	Accumulate	Accumulate	23.36	24.00	2.76
Umicore NV/SA	Buy		29.14	35.00	20.13
USG People	Accumulate		10.52	16.00	52.16
Van De Velde	Accumulate		34.35	39.00	13.54
Van Lanschot	Accumulate		31.00	40.00	29.03
Vedior	Accumulate	Accumulate	-	20.19	28.19
VGP	Sell		16.65	7.20	-56.76
Vopak	Accumulate		33.54	35.50	5.86
Wereldhave	Buy		67.53	72.00	6.62

Calculated recommendation - World

Poslední aktualizace: 01/09/2010

Name of security	Calc. recomm.	Avg. target price
Vodafone Group Depository Receipt	750	-
KB Home	500	17.00
PPL	500	29.50
Chevron	500	-
E I du Pont	500	48.00
Deere & Co	500	86.00
The AES Corp	500	18.00
Devon Energy	500	78.00
Lexmark Intl	500	-
Apache Corp	500	-

Name of security	Calc. recomm.	Avg. target price
L-3 Communi Hldg	-500	-
Yahoo	-500	-
Estee Lauder	-500	-
Google	-500	-
Qualcomm Inc	-250	-
Flextronics Intl	-250	5.50
Public Storage	0	-
Microsoft	0	32.00
Pactiv	0	33.00
Qwest Communicat	0	-

Calculated recommendation is composed as a non-weighted aritmetic average of actual recommendations from global and local investment banks. "Strong buy" and equivalents are rated 1000, "Strong sell" and equivalents are rated -1000. The target price is also calculated as a non-weighted aritmetic average of target prices provided by the investment banks. We consider the investment recommendation "actual" if it is still valid (has not been updated) and is not older than three (3) months. We cover stocks that are components of DJ Stoxx 50 and DJIA. The data is updated once a day.

Investment recommendation monitoring

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Name of security	Company	New recommendation	Previous recommendation	Target price
Digital River	Wedbush	Outperform	Neutral	36.00	USD
Buckle Inc	KeyBanc Capital Mkts	Hold	Underweight	-
Burger King Hldg	Deutsche Bank	Sell	Buy	24.00	USD
K-SEA Trans	Stifel Nicolaus	Hold	Sell	-
WR Grace	KeyBanc Capital Mkts	Buy		-
Blyth	CL King	Neutral	Strong Buy	-
Rep First Bancp	RBC Capital Mkts	Sector Perform		-

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