Recommendation List
09.17.2025
| BANKING | Rating | Close (TRY) | TP (TRY) | Mcap TRY mn | Target Mcap TRY mn | Upside Potential(%) | P/E | P/BV |
| AKBNK | 66.60 | 82.47 | 346,320 | 428,846 | 23.8% | 8.03 | 1.34 | |
| GARAN | 149.80 | 164.52 | 629,160 | 690,977 | 9.8% | 6.23 | 1.67 | |
| HALKB | 26.08 | 21.45 | 187,379 | 154,148 | -17.7% | 9.92 | 1.11 | |
| ISCTR | 14.93 | 20.07 | 373,250 | 501,715 | 34.4% | 8.09 | 1.04 | |
| TSKB | 13.98 | 15.86 | 39,144 | 44,407 | 13.4% | 3.21 | 0.99 | |
| VAKBN | 28.80 | 28.73 | 285,579 | 284,916 | -0.2% | 5.57 | 1.16 | |
| YKBNK | 34.04 | 36.77 | 287,538 | 310,595 | 8.0% | 8.37 | 1.30 |
| HOLDİNG | Rating | Close (TRY) | TP (TRY) | Mcap TRY mn | Target Mcap TRY mn | Upside Potential(%) | P/E | P/BV |
| KCHOL | 181.20 | 243.75 | 459,505 | 618,125 | 34.5% | 0.00 | 0.77 | |
| SAHOL | 92.60 | 146.24 | 194,495 | 307,167 | 57.9% | 0.00 | 0.61 | |
| TAVHL | 249.70 | 371.00 | 90,711 | 134,776 | 48.6% | 49.78 | 1.29 |
| INDUSTRIAL | Rating | Close (TRY) | TP (TRY) | Mcap TRY mn | Target Mcap TRY mn | Upside Potential(%) | P/E | P/BV |
| AKCNS | 138.80 | 200.20 | 26,573 | 38,328 | 44.2% | 31.89 | 1.19 | |
| AKSEN | 39.22 | 55.00 | 48,097 | 67,450 | 40.2% | 36.38 | 0.98 | |
| ARCLK | 136.00 | 185.00 | 91,899 | 125,010 | 36.0% | - | 1.33 | |
| ASELS | 195.20 | 240.00 | 890,112 | 1,094,400 | 23.0% | 53.71 | 5.27 | |
| BIMAS | 525.00 | 730.66 | 315,000 | 438,395 | 39.2% | 25.48 | 2.32 | |
| CCOLA | 48.22 | 75.00 | 134,923 | 209,847 | 55.5% | 13.58 | 2.16 | |
| CIMSA | 47.18 | 63.00 | 44,613 | 59,576 | 33.5% | 31.06 | 1.54 | |
| DOAS | 181.20 | 259.90 | 39,864 | 57,179 | 43.4% | 12.2 | 0.66 | |
| EREGL | 27.62 | 39.70 | 193,340 | 277,908 | 43.7% | 36.99 | 0.73 | |
| FROTO | 108.40 | 143.00 | 380,386 | 501,800 | 31.9% | 12.41 | 2.71 | |
| KRDMD | 27.62 | 37.98 | 21,550 | 29,630 | 37.5% | - | 0.53 | |
| MGROS | 449.50 | 750.00 | 81,384 | 135,790 | 66.9% | 16.19 | 1.22 | |
| PETKM | 18.03 | 21.53 | 45,695 | 54,561 | 19.4% | - | 0.71 | |
| PGSUS | 232.50 | 365.60 | 116,250 | 182,801 | 57.2% | 7.6 | 1.20 | |
| SELEC | 85.85 | 110.00 | 53,313 | 68,310 | 28.1% | 44.5 | 1.99 | |
| SISE | 38.76 | 55.00 | 118,730 | 168,470 | 41.9% | 47.57 | 0.55 | |
| TCELL | 95.20 | 136.60 | 209,440 | 300,523 | 43.5% | 9.02 | 0.95 | |
| THYAO | 327.00 | 495.50 | 451,260 | 683,795 | 51.5% | 4.47 | 0.60 | |
| TOASO | 268.25 | 284.70 | 134,125 | 142,350 | 6.1% | 137.24 | 2.78 | |
| TTKOM | 51.90 | 72.50 | 181,650 | 253,744 | 39.7% | 16.89 | 1.01 | |
| TUPRS | 189.00 | 237.80 | 364,164 | 458,185 | 25.8% | 18.14 | 1.19 | |
| ULKER | 109.00 | 170.00 | 40,251 | 62,778 | 56.0% | 6.93 | 1.11 | |
| VESBE | 11.70 | 17.00 | 18,720 | 27,204 | 45.3% | - | 0.53 | |
| ZOREN | 3.74 | 4.20 | 18,700 | 21,000 | 12.3% | - | 0.30 |