Utilize este identificador para referenciar este registo: http://hdl.handle.net/10400.14/16602
Título: Equity valuation : Banco Português de Investimento
Autor: França, José Miguel Alves
Orientador: Martins, José Carlos Tudela
Data de Defesa: 12-Set-2014
Resumo: In this dissertation I will expose the process that lead me to give BPI a BUY recommendation for a price target of 1,75€ (against 1,466€ in August 2014). My work adds to the investment community (compared with the BCP report of May 2014) by giving a more detailed and forward-looking valuation. Detailed because I valuate domestic and international activities separately, accounting this way for a higher risk in the latter, but also greater profitability. Forward looking because I value BPI based on the excess return it is expected to generate. Using this approach I penalized BPI in the near future but I captured the long-term opportunities.
URI: http://hdl.handle.net/10400.14/16602
Aparece nas colecções:FCEE - Dissertações de Mestrado / Master Dissertations
R - Dissertações de Mestrado / Master Dissertations

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Tese Mestrado José Miguel.pdf6,18 MBAdobe PDFVer/Abrir


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