Analysts' recommendations 
 
 

Trigon Dom Maklerski, January 25th, 2012
Analysts maintained the prior "buy" recommendation. Target price is 22,4 PLN.

Dom Maklerski IDMSA, January 24th, 2012
Analysts maintained the prior "buy" recommendation. Target price is 23,5 PLN.

DM Amerbrokers, January 17th, 2012
Analysts downgraded Ciech from “buy” to “neutral”. Target price is 18,05 PLN.

Dom Inwestycyjny BRE Banku, January 16th, 2012
Analysts maintained the prior "buy" recommendation. Target price is 21,5 PLN.

Dom Maklerski BDM SA, January 12nd, 2012
Analysts gave Ciech a "hold" recommendation. Target price is 16,9 PLN.

Dom Maklerski IDMSA, January 1st, 2012
Analysts upgraded Ciech from “hold” to “buy”. Target price is 24,8 PLN.

Erste Securities Polska, December 5th, 2011
Analysts upgraded Ciech from “hold” to “buy”. Target price is 20,0 PLN.

ING Securities, September 13th, 2011
Analysts maintained the prior "hold" recommendation. Target price is 12,0 PLN.

Raiffeisen Centrobank, September 9th, 2011
Analysts maintained the prior "hold" recommendation. Target price is 15,0 PLN.

DM Amerbrokers, September 6th, 2011
Analysts gave Ciech a "buy" recommendation. Target price is 18,05 PLN.

Dom Maklerski IDMSA, August 31st, 2011
Analysts upgraded Ciech from “sell” to “hold”. Target price is 15,9 PLN.

Dom Maklerski PKO BP, August 18th, 2011
Analysts gave Ciech a "buy" recommendation. Target price is 23,36 PLN.

Dom Maklerski IDMSA, July 28th, 2011
Analysts downgraded Ciech from “hold” to “sell”. Target price is 18,4 PLN.

Dom Inwestycyjny BRE Banku, July 21th, 2011
Analysts upgraded Ciech from “accumulate” to “buy”. Target price is 27,7 PLN.

Dom Inwestycyjny BRE Banku, July 5rd, 2011
Analysts upgraded Ciech from “hold” to “accumulate”. Target price is 30,1 PLN.

Erste Securities Polska, June 29th, 2011
Analysts downgraded Ciech from “accumulate” to “hold”. Target price is 25,1 PLN.

Ipopema Securities, June 10th, 2011
Analysts upgraded Ciech from “sell” to “hold”. Target price is 26,4 PLN.

Dom Inwestycyjny BRE Banku, April 8th, 2011
Analysts downgraded Ciech from “accumulate” to “hold”. Target price is 30,1 PLN.

Raiffeisen Centrobank, March 29th, 2011
Analysts downgraded Ciech from “buy” to “hold”.

Dom Inwestycyjny BRE Banku, March 3rd, 2011
Analysts downgraded Ciech from “buy” to “accumulate”. Target price is 27,6 PLN.

Dom Maklerski Banku Handlowego, February 2nd, 2011
Analysts upgraded Ciech from “hold” to “buy”. Target price is 34,3 PLN.

Dom Maklerski IDMSA, January 27th, 2011
Analysts maintained the prior "hold" recommendation.Target price is 27,3 PLN.

Ipopema Securities, January 14th, 2011
Analysts maintained the prior "sell" recommendation.Target price is 28,9 PLN.

Raiffeisen Centrobank, December 10th 2010
Analysts upgraded Ciech from “hold” to “buy”. Target price is 30,0 PLN.

Dom Maklerski Banku Handlowego, November 8th, 2010
Analysts upgraded Ciech from “sell” to “hold”.

Dom Maklerski IDMSA, October 21th, 2010
Analysts downgraded Ciech from “buy” to “hold”.Target price is 24,0 PLN.

Raiffeisen Centrobank, June 24th, 2010
Analysts downgraded Ciech from “buy” to “hold”.Target price is 32,0 PLN.

Raiffeisen Centrobank, June 24th, 2010
Analysts maintained the prior "buy" recommendation.Target price is 37,0 PLN.

Millennium Dom Maklerski, June 23th, 2010
Analysts maintained the prior "neutral" recommendation. Target price is 27,7 PLN.

Ipopema Securities, June 10th, 2010
Analysts downgraded Ciech from “hold” to “sell”. Target price is 24,6 PLN.

Dom Inwestycyjny BRE Banku, June 2nd, 2010
Analysts upgraded Ciech from “accumulate” to “buy”. Target price is 39,2 PLN.

Dom Maklerski IDMSA, April 28th, 2010
Analysts maintained the prior "buy" recommendation.
Target price is 42,9 PLN.

Erste Securities Polska, March 23th, 2010
Analysts maintained the prior "accumulate" recommendation. Target price is 40,1 PLN.

Dom Inwestycyjny BRE Banku, March 17th, 2010
Analysts upgraded Ciech from “hold” to “accumulate”. Target price is 39,2 PLN.

Raiffeisen Centrobank, September 19th, 2010
Analysts upgraded Ciech from “hold” to “buy”. Target price is 38,0 PLN.

Dom Maklerski IDMSA, February 7th, 2010
Analysts gave Ciech a "buy" recommendation. Target price is 40,8 PLN.

Contact

Mariusz Babula
Investor relations
Communication Department

mariusz.babula@ciech.com
phone (+48 22) 639 14 81
mobile (+48) 669 600 939 

182 Puławska street
02-670 Warsaw, Poland

 

Analysts covering Ciech

Konrad Anuszkiewicz
Ipopema Securities
konrad.anuszkiewicz@ipopema.pl

Michał Buczyński
Millennium Dom Maklerski
michal.buczynski@millenniumdm.pl

Paweł Burzyński
Dom Maklerski BZWBK
pawel.burzynski@bzwbk.pl

Monika Kalwasińska
Dom Maklerski PKO BP
monika.kalwasinska@pkobp.pl

Tomasz Kasowicz
Erste Securities Polska
Tomasz.Kasowicz@erstegroup.com

Kamil Kliszcz
Dom Inwestycyjny BRE Banku
kamil.kliszcz@dibre.com.pl

Adam Milewicz
ING Securities
adam.milewicz@pl.ing.com

Dominik Niszcz
Raiffeisen Centrobank
dominik.niszcz@rcb.at  

Łukasz Prokopiuk
Dom Maklerski IDM SA
l.prokopiuk@idmsa.pl