Recommendation List
10.23.2026
| BANKING | Rating | Close (TRY) | TP (TRY) | Mcap TRY mn | Target Mcap TRY mn | Upside Potential(%) | P/E | P/BV |
| AKBNK | 64.60 | 96.76 | 335,920 | 503,152 | 49.8% | 5.03 | 1.03 | |
| GARAN | 128.50 | 182.99 | 539,700 | 768,558 | 42.4% | 4.47 | 1.11 | |
| HALKB | 41.66 | 46.38 | 299,318 | 333,230 | 11.3% | 9.30 | 1.28 | |
| ISCTR | 12.42 | 21.57 | 310,500 | 539,249 | 73.7% | 4.59 | 0.69 | |
| TSKB | 8.87 | 18.00 | 24,836 | 50,400 | 102.9% | 2.32 | 0.49 | |
| VAKBN | 31.14 | 46.39 | 308,782 | 460,000 | 49.0% | 4.41 | 0.87 | |
| YKBNK | 35.32 | 51.10 | 298,350 | 431,644 | 44.7% | 5.39 | 1.04 |
| INSURANCE | Rating | Close (TRY) | TP (TRY) | Mcap TRY mn | Target Mcap TRY mn | Upside Potential(%) | P/E | P/BV |
| TURSG | 4.09 | 9.20 | 81,800 | 184,000 | 124.9% | 3.47 | 1.34 |
| HOLDİNG | Rating | Close (TRY) | TP (TRY) | Mcap TRY mn | Target Mcap TRY mn | Upside Potential(%) | P/E | P/BV |
| AGHOL | 28.18 | 46.74 | 68,628 | 113,823 | 65.9% | 15.86 | 0.52 | |
| KCHOL | 196.10 | 318.51 | 497,290 | 807,702 | 62.4% | 14.60 | 0.63 | |
| SAHOL | 87.55 | 172.63 | 183,888 | 362,597 | 97.2% | 9.15 | 0.44 | |
| TAVHL | 267.00 | 440.00 | 96,996 | 159,845 | 64.8% | 11.54 | 1.01 |
| INDUSTRIAL | Rating | Close (TRY) | TP (TRY) | Mcap TRY mn | Target Mcap TRY mn | Upside Potential(%) | P/E | P/BV |
| AKCNS | 184.00 | 277.00 | 35,226 | 53,031 | 50.5% | 65.47 | 1.23 | |
| AKSEN | 66.20 | 110.00 | 81,184 | 134,894 | 66.2% | 26.71 | 1.18 | |
| ARCLK | 71.40 | 149.50 | 48,247 | 101,021 | 109.4% | - | 0.62 | |
| ASELS | 338.25 | 495.00 | 1,542,420 | 2,257,200 | 46.3% | 42.93 | 5.03 | |
| BIMAS | 369.00 | 496.00 | 442,800 | 595,200 | 34.4% | 16.89 | 2.20 | |
| CCOLA | 74.20 | 122.00 | 207,617 | 341,371 | 64.4% | 10.64 | 2.27 | |
| CIMSA | 38.54 | 70.55 | 36,443 | 66,712 | 83.1% | 9.62 | 0.97 | |
| DOAS | 129.30 | 302.90 | 28,446 | 66,639 | 134.3% | 15.02 | 0.38 | |
| EKGYO | 17.75 | 32.84 | 67,450 | 124,802 | 85.0% | - | 0.44 | |
| EREGL | 35.10 | 42.24 | 245,700 | 295,710 | 20.4% | 26.5 | 0.73 | |
| FROTO | 66.55 | 130.00 | 233,531 | 456,188 | 95.3% | 8.6 | 1.30 | |
| KRDMD | 39.88 | 45.00 | 31,115 | 35,109 | 12.8% | 9.82 | 0.42 | |
| MGROS | 440.50 | 910.00 | 79,754 | 164,759 | 106.6% | 13.91 | 0.86 | |
| OYAKC | 18.72 | 33.35 | 91,010 | 162,130 | 78.1% | 14.73 | 1.19 | |
| PETKM | 18.30 | 18.91 | 46,380 | 47,935 | 3.4% | - | 0.62 | |
| PGSUS | 126.40 | 271.90 | 63,200 | 135,950 | 115.1% | - | 0.56 | |
| SISE | 34.08 | 65.00 | 104,394 | 199,110 | 90.7% | 10.46 | 0.39 | |
| TCELL | 93.30 | 150.00 | 205,260 | 330,000 | 60.8% | 11.45 | 0.66 | |
| THYAO | 259.00 | 445.00 | 357,420 | 614,102 | 71.8% | 3.19 | 0.35 | |
| TOASO | 223.70 | 435.00 | 111,850 | 217,500 | 94.5% | 8.93 | 1.70 | |
| TTKOM | 47.38 | 90.00 | 165,830 | 315,000 | 90.0% | 6.26 | 0.63 | |
| TUPRS | 352.25 | 395.00 | 678,714 | 761,085 | 12.1% | 10.06 | 1.49 | |
| ULKER | 77.90 | 159.80 | 28,767 | 59,010 | 105.1% | 7.94 | 0.56 | |
| VESBE | UR | 3.26 | - | 5,216 | - | - | - | 0.13 |
| ZOREN | UR | 1.49 | - | 7,450 | - | - | - | 0.12 |