SMC Research upgrades NAGA to “Speculative BUY” with significant upside potential on back of imminent merger with Capex.com

HAMBURG, Germany–(BUSINESS WIRE)–The analysts of SMC Research recommend in their latest research report on The NAGA GROUP (XETRA: N4G, ISIN: DE000A161NR7), provider of the All-in-One Financial Super App, NAGA, a “Speculative BUY” (previously “HOLD”) with a Price Target of EUR 1.40, representing an upside potential of around 115% based on a share price of EUR 0.65 as of the date of the research publication. The Price Target implies a fully diluted market cap of EUR 318 million after the close

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