Analysts see the greatest potential in Estonian and Lithuanian companies

The investment company Alphinox conducted an in-depth study, evaluating the companies on the Baltic stock exchanges. Analysts believe that Estonian and Lithuanian companies have the greatest potential.

In the overall rating of Baltic companies, the company listed on the Tallinn Stock Exchange took 3rd place Tallinna Kaubamaja.

Alongside Silver for a supermarket chain Tallinna Kaubamaja is valued for its participation in automobile trading, security business, real estate and department store segment. According to analysts, Department store, operating in a highly competitive market environment, successfully weathered setbacks caused by rising energy prices and inflation, demonstrating resilience to market volatility. A slight decline in the supermarket segment was offset by an increase in car sales profit.

While Tallinna Kaubamaja took 3rd place in this rating, Lithuania won – the company listed on the Vilnius Stock Exchange ranked 1st Teliabut in 2nd place Clothing Group.