Polish insurance giant PZU has received several high-profile recommendations recently but the board and shareholders will certainly be glad to hear the latest one from investment banking powerhouse Morgan Stanley.

This follows the glowing reports published by American financial giants Goldman Sachs and JP Morgan. New York-based Morgan Stanley has sent investors a strong, positive signal, estimating that PZU’s share price could increase by about 14 percent. That would see the share price grow all the way up to zł.426.

Poland AM