EQS-News: The NAGA Group: Research update from NuWays available – “BUY” recommendation confirmed and price target adjusted to EUR 1.2

The NAGA Group: Research update from NuWays available – “BUY” recommendation confirmed and price target adjusted to EUR 1.20
 

Hamburg, 12 February 2024 – The price target of The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7) has been adjusted to EUR 1.20 (previously: EUR 1.40) in the latest research update from NuWays. The recommendation for the share remains “BUY” (previously: “BUY”). Based on a Xetra share price of EUR 0.64 on 11 February 2025, the share is attributed an upside potential of around 88%.

After a transitional year in 2024, defined by legal and regulatory approvals, integration, and focus on synergies to effect the merger with CAPEX.com, The NAGA Group is set to restart its growth engine and has room for positive surprises, according to analysts.

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About NAGA

NAGA is a leading German Fintech Company offering a SuperApp with the aim to merge social trading, investing in stocks, crypto, and neo banking into one unified platform, powered by its proprietary advanced technology. Operating in over 100 countries with 9 local offices, NAGA offers a diverse range of services for both fiat and cryptocurrencies. The platform features a physical VISA card with fiat and automatic crypto conversion plus cashback, dynamic social feeds, and advanced autocopy functions, enabling users to replicate the strategies of successful traders. Designed for a global community, NAGA provides an inclusive and efficient financial ecosystem for personal finance and trading.

Investor Relations Contact

The NAGA Group AG
Michael Milonas
Co-Founder and Deputy CEO
ir@naga.com