14:32 15 August 2026
Analysts value Żabka positively
Erste analyst Piotr Bogusz has upgraded Żabka shares from “sell” to “hold” and raised his target price from PLN 19.60 to PLN 34 following Couche-Tard’s takeover offer. The Canadian owner of Circle K plans to offer PLN 32 per share and has secured agreements to acquire 57.25% of Żabka from major shareholders and managers. Bogusz believes minority investors could eventually receive a premium if Couche-Tard seeks full ownership, noting Żabka’s stronger growth profile. He also sees potential synergies from improving Couche-Tard store profitability and accelerating expansion in Central and Eastern Europe.
Tender subscriptions are expected to begin around August 26, with completion planned by December, subject to regulatory approvals.
(pb.pl)
