JPMorgan Has Set Target Prices for Turkish Companies for 2026

JPMorgan's New Target Prices for Turkish Companies

JPMorgan has announced new target prices for Turkish companies. The report published on the outlook for the Turkish consumer sector in 2026 includes important observations about the economy and the future of companies. JP Morgan has particularly raised its investment recommendation for MGROS, BIMAS, and CCOLA to "increase weight."

Expectations for Improvement in 2026

The report emphasizes that 2025 was a challenging year for Turkish consumer companies. The sector, which experienced an average profit drop of 20% last year, is expected to show signs of recovery this year. JPMorgan hopes for an improvement in the macroeconomic outlook in 2026. However, it is also stated that consumer spending may remain fragile.

Target Prices for Consumer Companies

JPMorgan predicts that the Turkish economy will grow by 4.4% in 2026. This growth is expected to be particularly evident in the second half of the year. The institution also offers hope that disinflation will continue, albeit slowly.

New Target Price List

• THYAO: 547.50 TL (Previous: 271.50 TL)
• TOASO: 327.60 TL (Previous: 236.90 TL)

The current prices and target prices set for these companies increase potential returns for investors. However, this information is not considered as investment advice.