Experts assessed the growth potential of Rosneft's share price


"Rosneft" became the country's largest company by capitalization, which at the close of the main trading session of the Moscow Exchange exceeded 5.35 trillion rubles, said analysts of Alfa Bank.
Specialists see a significant potential for growth in the value of the oil company's shares next year. "Rosneft remains one of the most attractive investment ideas in the sector on the horizon of 2025", - analysts noted. According to their forecasts, the company's securities may reach the mark of 645 rubles per unit - the growth potential is almost 30% to the current price.
In "BKS-Mir Investments" expect the value of shares of "Rosneft" at the level of 730 rubles, in "Finam" - almost 670 rubles, and in "Renaissance Capital" - 600 rubles.
Alfa Bank experts explained that Rosneft continues to demonstrate operational efficiency by reducing unit costs and increasing production at high-margin projects. This allowed the company to ensure sustainability of EBITDA margin (30% in 9M 2024), which may reach 35% as oil prices recover and new projects are commissioned, the experts suggested.
Since November 21, Rosneft's securities have risen by more than 13.3%, and on December 19 rose to the level of 505.2 rubles. As a result, the oil company surpassed Sberbank in capitalization (5.18 trillion rubles at the close of the trading session).
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