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The NAGA Group: SMC Research Confirms "BUY" Rating with Price Target of EUR 1.60

The NAGA Group AG has received a "BUY" recommendation from SMC Research, with a confirmed price target of EUR 1.60. As of October 4, 2024, the Xetra share price stood at EUR 0.90, suggesting a potential upside of approximately 78%. This evaluation aligns with NAGA's recent strategic moves, notably the merger with Capex.com and the announcement of the Telegram deal, which analysts consider a significant endorsement of the company's growth potential.

NAGA, a leading German fintech company, aims to integrate social trading, stock investing, and cryptocurrency through its SuperApp. Operating in over 100 countries, NAGA offers diverse financial services, including a VISA card supporting fiat and crypto conversions.

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