Hi, does anyone follow Polish stocks? It seems to me that the overall Polish market could go up now, for example such PKN ORLEN and their network of petrol stations.
Hi, does anyone follow Polish stocks? It seems to me that the overall Polish market could go up now, for example such PKN ORLEN and their network of petrol stations.
I don't follow Polish stocks almost at all, but I know about PKN ORLEN and I see quite a nice opportunity there.
Orlen is currently making a nice profit for the Czechs on the border :D
I set a target price of 55 PLN on Orlen. The P/E TTM looks absolutely amazing, but if we look at the forward, it's already quite in line with peers (Mol, OMV,...). I see potential high costs there as part of the conversion to electric stations.
I consider PKN Orlen to be a very good company that is expanding its presence on the European market. As a bonus, a relatively high dividend.