Publication
Equity valuation : Banco Português de Investimento
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | |
| dc.contributor.advisor | Martins, José Carlos Tudela | |
| dc.contributor.author | França, José Miguel Alves | |
| dc.date.accessioned | 2015-02-10T15:33:07Z | |
| dc.date.available | 2015-02-10T15:33:07Z | |
| dc.date.issued | 2014-09-12 | |
| dc.date.submitted | 2014 | |
| dc.description.abstract | 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. | por |
| dc.identifier.tid | 201181282 | |
| dc.identifier.uri | http://hdl.handle.net/10400.14/16602 | |
| dc.language.iso | eng | por |
| dc.title | Equity valuation : Banco Português de Investimento | por |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | por |
| rcaap.type | masterThesis | por |
| thesis.degree.name | Mestrado em Finanças |