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Live QNBFB/TRY priceQnb Finansbank to Turkish Lira
Qnb Finansbank stocks are among those that are difficult to forecast, analysts claim. Factors affecting them could lead to an increase of over 500-600% and a decline of more than 30-35% within 1-2 months. Assuming the existing trend continues after the decline, the potential value of QNBFB shares by 2030 could reach TRY 636.71.
Qnb Finansbank (QNBFB) is one of Turkey's leading banks, a subsidiary of the Qatar National Bank. It provides all types of traditional banking services for individuals and companies, emphasizing corporate client service. It's considered one of the most reliable financial organizations in the region.
Current QNBFB stock price TRY 390.
According to analytical forecasts, the price of QNBFB stocks may reach TRY 436.95 by the end of 2024, and it is expected to be - TRY 636.71 by the end of 2029.
Based on technical analysis indicators, the recommendation for the 1H (one-hour) timeframe is Strong Buy, and for the 1D (one-day) timeframe - Strong Buy.
Companies in the financial sector are usually classified as highly volatile due to their strong dependence on client prosperity, the economy, and high competition. In this regard, Qnb Finansbank can be considered a leader. In 2023, the minimum recorded share price was TRY 35.32, while the maximum was over TRY 430. From August to October, the shares increased by more than 6 times and then decreased by 35% from October to November. Analysts attribute the volatility to a decrease in the benchmark rate, the devaluation of the lira, and foreign partner investments.
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On this page, you will find the latest information about current prices, updated and new forecasts for short and long-term intervals:
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