BRIEF

on Eleving Group S.A. (isin : XS1831877755)

LHV Bank Affirms 'Buy' Verdict for Eleving Group with Updated Review

On September 11, 2025, Eleving Group reported that LHV Bank has updated its Results Review report. The report analyzes the performance of Eleving Group for the second quarter of 2025, retaining a 'Buy' recommendation and setting a target price of EUR 2.25 per share. The analysis highlights that Eleving Group trades at a price-to-earnings ratio of 5.2x, which is below the averages of both its peer group and the Baltic market.

LHV Bank maintains its 'Buy' recommendation reflecting confidence in Eleving Group's stock potential. This positions the company as an attractive investment option, according to the updated estimates. The entire report is accessible through LHV Baltic analyses for subscribers.

R. E.

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