Piraeus Financial stock gets UBS target raised to EUR 12.50
Published on 10/08/2026 at 02:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Piraeus Financial stock (ISIN GRS014003032) faces a valuation test after UBS set a EUR 12.50 target on October 6, 2026. The target is higher than EUR 12.00 previously, while the latest session ended at EUR 10.025.
UBS raises the valuation bar
As Ground News reported on October 6, 2026, UBS maintained a Buy rating for Piraeus and raised its target to EUR 12.50 from EUR 12.00. The new target stands 24.69 percent above the EUR 10.025 closing price on October 7, 2026.
The target revision gives investors a clear benchmark, but the share price still reflects a sharp single-session move. Piraeus Financial stock fell 5.56 percent on October 7, 2026, as the Athens-listed instrument moved from a prior close of EUR 10.62 to EUR 10.025.
H1 profit reached EUR 617 million
In its H1 2026 presentation dated September 21, 2026, Piraeus Group reported EUR 617 million in H1 net profit and EUR 0.47 EPS after the AT1 coupon. Second-quarter net profit reached EUR 336 million, up 22 percent year over year, while second-quarter EPS was EUR 0.26, up 23 percent year over year.
The earnings mix also points to broader fee generation. H1 services revenue reached EUR 462 million, up 42 percent year over year, while net interest income was EUR 990 million and core revenue totaled EUR 1.451 billion, up 13 percent year over year.
October 30 is the next checkpoint
Piraeus Group lists the announcement of its 9M 2026 financial results and analysts briefing for October 30, 2026. That date will provide the next reported test of loan growth, fee income and capital generation after the H1 figures.
The H1 presentation showed a 12.8 percent CET1 ratio at June 30, 2026, alongside a 2.2 percent non-performing exposure ratio. The combination gives the UBS target a fundamental reference point beyond the headline share-price move.
Stock closed at EUR 10.025
Piraeus Financial stock closed at EUR 10.025 on the Athens Stock Exchange on October 7, 2026, down 5.56 percent, with a 52-week range of EUR 6.53 to EUR 10.98 and market capitalization of EUR 12.4 billion.
Piraeus Financial stock facts
- Company: Piraeus Financial Holdings S.A.
- ISIN: GRS014003032
- Ticker: TPEIR
- Trading venue: Athens Stock Exchange
- Price (as of October 7, 2026): EUR 10.025 closing price
- Market capitalization: EUR 12.4 billion (as of October 7, 2026)
- 52-week range: EUR 6.53-EUR 10.98 (as of October 7, 2026)
- Sector / Industry: Financial Services / Banks - Regional
- Index membership: FTSE ATHEX Large Cap
Upcoming dates for Piraeus Financial stock
- October 30, 2026: 9M 2026 financial results and analysts briefing
