Strategy Note /

Turkey strategy: A gem mine or a value trap

  • In our top picks list: Arcelik , Bimas, Erdemir , Migros , Sisecam, Tav Hava Limanları and Turk Telekom

  • We REMOVED Tofas <TOASO TI> from our top picks

  • We revised up our 12-month BIST-100  target to 2,250 from 2,000, indicating an upside of 32%

Zeynep Erman
Zeynep Erman

Equity Research Analyst

Batuhan Ozsahin
Aytunc Uz
Cemal Demirtas
ATA Invest
16 November 2021
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