Monday, November 28, 2005

Fortis' Turkish Plans Are Ambitious -Rabo | newratings.com

"Fortis' Turkish Plans Are Ambitious -Rabo

Monday, November 28, 2005 7:21:59 AM ET
Dow Jones Newswires

1102 GMT [Dow Jones] Fortis (30086.AE) saying it'll double its Turkish market share by '09 confirms the ambitious nature of its growth targets, says Bart van der Feen de Lille at Rabo Securities. Turkey will contribute 4% to the Fortis profit share in '09, he estimates. Has a buy rating, EUR28 target. Shares trade +1% at EUR25.47. (NSP)"

Fortis' Turkish Plans Are Ambitious -Rabo | newratings.com