Attractive valuations for selected blue chip companies
We forecast 2021 earnings increase for our coverage universe to be 77.3% and followed by a 18.6% increase in 2022.
Net inc. for non-fin. coverage will post 153.1% earnings increase in 2021, while for banks the increase will be 25.6%
We revised up our 12-month BIST-100 target to 1,900 from 1,850, indicating an upside of 39%.