Recommendation List
11.28.2025
| BANKING | Rating | Close (TRY) | TP (TRY) | Mcap TRY mn | Target Mcap TRY mn | Upside Potential(%) | P/E | P/BV |
| AKBNK | 63.75 | 88.90 | 331,500 | 462,282 | 39.5% | 6.89 | 1.20 | |
| GARAN | 138.80 | 172.28 | 582,960 | 723,569 | 24.1% | 5.33 | 1.42 | |
| HALKB | 34.48 | 34.19 | 247,731 | 245,683 | -0.8% | 12.23 | 1.25 | |
| ISCTR | 13.34 | 18.80 | 333,500 | 469,965 | 40.9% | 6.08 | 0.88 | |
| TSKB | 12.85 | 18.86 | 35,980 | 52,807 | 46.8% | 2.91 | 0.84 | |
| VAKBN | 28.34 | 36.74 | 281,017 | 364,293 | 29.6% | 5.10 | 1.07 | |
| YKBNK | 35.04 | 41.36 | 295,985 | 349,367 | 18.0% | 6.66 | 1.23 |
| HOLDİNG | Rating | Close (TRY) | TP (TRY) | Mcap TRY mn | Target Mcap TRY mn | Upside Potential(%) | P/E | P/BV |
| KCHOL | 169.60 | 243.75 | 430,088 | 618,125 | 43.7% | 67.65 | 0.67 | |
| SAHOL | 81.90 | 146.24 | 172,021 | 307,167 | 78.6% | 0.00 | 0.50 | |
| TAVHL | 280.00 | 384.00 | 101,719 | 139,501 | 37.1% | 25.71 | 1.27 |
| INDUSTRIAL | Rating | Close (TRY) | TP (TRY) | Mcap TRY mn | Target Mcap TRY mn | Upside Potential(%) | P/E | P/BV |
| AKCNS | 127.40 | 200.20 | 24,390 | 38,328 | 57.1% | 48.22 | 1.02 | |
| AKSEN | 53.00 | 75.00 | 64,996 | 91,970 | 41.5% | 48.27 | 1.22 | |
| ARCLK | 105.80 | 170.00 | 71,492 | 114,875 | 60.7% | - | 1.05 | |
| ASELS | 184.50 | 240.00 | 841,320 | 1,094,400 | 30.1% | 44.84 | 4.51 | |
| BIMAS | 543.50 | 772.00 | 326,100 | 463,200 | 42.0% | 28.67 | 2.14 | |
| CCOLA | 53.20 | 75.00 | 148,858 | 209,847 | 41.0% | 15.1 | 2.04 | |
| CIMSA | 45.88 | 63.00 | 43,384 | 59,576 | 37.3% | 40.9 | 1.35 | |
| DOAS | 182.30 | 259.90 | 40,106 | 57,179 | 42.6% | 8.55 | 0.60 | |
| EREGL | 23.88 | 39.70 | 167,160 | 277,908 | 66.3% | 32.92 | 0.60 | |
| FROTO | 95.15 | 143.00 | 333,891 | 501,800 | 50.3% | 12.36 | 2.10 | |
| KRDMD | 24.92 | 30.35 | 19,443 | 23,680 | 21.8% | - | 0.44 | |
| MGROS | 524.50 | 780.00 | 94,963 | 141,222 | 48.7% | 20.34 | 1.25 | |
| PETKM | 16.85 | 15.75 | 42,705 | 39,920 | -6.5% | - | 0.64 | |
| PGSUS | 203.00 | 365.60 | 101,500 | 182,801 | 80.1% | 6.64 | 0.90 | |
| SELEC | 69.10 | 110.00 | 42,911 | 68,310 | 59.2% | 67.28 | 1.50 | |
| SISE | 36.60 | 55.00 | 112,114 | 168,470 | 50.3% | 42.86 | 0.49 | |
| TCELL | 94.60 | 136.60 | 208,120 | 300,523 | 44.4% | 21.79 | 0.86 | |
| THYAO | 272.50 | 495.50 | 376,050 | 683,795 | 81.8% | 3.56 | 0.45 | |
| TOASO | 230.70 | 284.70 | 115,350 | 142,350 | 23.4% | 79.48 | 2.18 | |
| TTKOM | 56.10 | 72.50 | 196,350 | 253,744 | 29.2% | 11.42 | 0.97 | |
| TUPRS | 194.20 | 237.80 | 374,184 | 458,185 | 22.4% | 16.97 | 1.09 | |
| ULKER | 111.80 | 170.00 | 41,285 | 62,778 | 52.1% | 6.74 | 1.03 | |
| VESBE | 8.38 | 15.00 | 13,408 | 24,004 | 79.0% | - | 0.35 | |
| ZOREN | 3.27 | 4.20 | 16,350 | 21,000 | 28.4% | - | 0.23 |