HSBC's Target Prices for the Turkish Automotive Sector: What to Expect?

HSBC Revises Target Prices for Turkish Automotive Companies

HSBC has upwardly revised its target prices for the Turkish automotive sector. In the year-end assessment, analysts predict that volumes in the automotive sector will remain flat at peak levels by 2026.

Competitive Pressures and Price Expectations

Due to short-term competitive pressures, pricing is expected to remain weak during the first half of 2026. However, with the easing of interest rates, a more constructive product range and pricing strategy may emerge in the second half. Nevertheless, analysts do not expect a rapid margin recovery.

New Target Prices for Companies

HSBC has set new target prices for the following key companies in its analysis:

• Ford Otosan (FROTO): 130 TL (Previous 120 TL)
• Tofaş (TOASO): 435 TL (Previous 300 TL)
• Doğuş Otomotiv (DOAS): 260 TL (Previous 200 TL)
• Türk Traktör (TTRAK): 625 TL (Previous 600 TL)

The potential return rates of these companies based on the current target prices are noteworthy. The assessments made by analysts contain important data that investors should pay attention to in the upcoming period.

The information contained herein does not constitute investment advice.