Enlight Research Updates Coverage on Eleving Group

Eleving Group has announced an updated research coverage by Enlight Research following its six-month financial results. The analysts have set a revised fair price estimate of EUR 2.25 per share, suggesting a potential increase of approximately 32.4% compared to the current market price.

The research indicates a projected full-year dividend yield of 6.7% for 2025, with an increase to 7.4% in 2026 and 8.4% in 2027. The actual dividend yield for 2025, based on the 2024 dividend pay-out in June, is estimated at 10.6%.

Enlight expects Eleving Group's net portfolio to grow by 11.2%, reaching EUR 413.3 million by the end of 2025. Revenue and net profit from continued operations are expected to increase by 11.1% and 9.4% respectively, compared to the previous year.

The report also discusses the impact of adverse foreign exchange movements on the company’s financial outlook.