{"id":20458,"date":"2025-05-24T10:12:09","date_gmt":"2025-05-24T10:12:09","guid":{"rendered":"https:\/\/kamucalisanlari.net\/?p=20458"},"modified":"2025-05-24T10:12:09","modified_gmt":"2025-05-24T10:12:09","slug":"jpmorgan-turk-tuketici-hisselerinde-hedef-fiyatlarini-degistirdi","status":"publish","type":"post","link":"https:\/\/kamucalisanlari.net\/index.php\/2025\/05\/24\/jpmorgan-turk-tuketici-hisselerinde-hedef-fiyatlarini-degistirdi\/","title":{"rendered":"JPMorgan, T\u00fcrk t\u00fcketici hisselerinde hedef fiyatlar\u0131n\u0131 de\u011fi\u015ftirdi"},"content":{"rendered":"

JP Morgan, T\u00fcrkiye’de 2025’te bir\u00e7ok \u015firketin zorlu bir t\u00fcketici manzaras\u0131nda yol alaca\u011f\u0131n\u0131 ve s\u0131n\u0131rl\u0131 fiyat art\u0131\u015flar\u0131yla b\u00fcy\u00fcmeyi dengelemeye \u00e7al\u0131\u015faca\u011f\u0131n\u0131 \u00f6ng\u00f6rd\u00fc.<\/p>\n

Hanzade K\u0131l\u0131\u00e7k\u0131ran ve Siddhant Sahoo imzal\u0131 11 Aral\u0131k tarihli raporda t\u00fcketici odakl\u0131 \u015firketlerin, enflasyon d\u00fc\u015f\u00fc\u015f\u00fc s\u00fcrecinde istikrarl\u0131 marjlar\u0131 s\u00fcrd\u00fcrmekte zorlanaca\u011f\u0131n\u0131 ifade eden kurum, ger\u00e7ek k\u00e2rl\u0131l\u0131k art\u0131\u015f\u0131 f\u0131rsatlar\u0131n\u0131n, B\u0130M, Migros, Ford Otosan ve Tofa\u015f gibi \u015firketlerle s\u0131n\u0131rl\u0131 olmas\u0131n\u0131 bekliyor.<\/p>\n

\n

Raporda \u015firketlerin hisse fiyatlar\u0131n\u0131n h\u00e2l\u00e2 d\u00fc\u015f\u00fck oldu\u011fu, 10 y\u0131ll\u0131k ortalamalara g\u00f6re yakla\u015f\u0131k y\u00fczde 40 ve 2026 i\u00e7in JPM’nin F\/K ve FAV\u00d6K tahminlerine g\u00f6re uluslararas\u0131 emsallerine k\u0131yasla y\u00fczde 30 iskonto sundu\u011fundan, kazan\u00e7 f\u0131rsatlar\u0131n\u0131n var oldu\u011funa inan\u0131ld\u0131\u011f\u0131 belirtildi.<\/p>\n

Raporda \u015firketlerin hedef fiyatlar\u0131na da revizyonlar geldi.<\/p>\n

JPMorgan’\u0131n yeni hedef fiyatlar\u0131 (TL)<\/p>\n<\/div>\n

\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u015eirket <\/th>\n Eski hedef fiyat <\/th>\n Yeni hedef fiyat <\/th>\n<\/tr>\n<\/thead>\n
Ar\u00e7elik <\/td>\n 223,60 <\/td>\n 243 <\/td>\n<\/tr>\n
B\u0130M <\/td>\n 436 <\/td>\n 985 <\/td>\n<\/tr>\n
Coca Cola \u0130\u00e7ecek <\/td>\n 71,50 <\/td>\n 79 <\/td>\n<\/tr>\n
Ford Otosan <\/td>\n 1.303 <\/td>\n 2.240 <\/td>\n<\/tr>\n
Hepsiburada <\/td>\n – <\/td>\n 4,85 dolar <\/td>\n<\/tr>\n
Ko\u00e7 Holding <\/td>\n 210 <\/td>\n 325,20 <\/td>\n<\/tr>\n
Migros <\/td>\n 432 <\/td>\n 982 <\/td>\n<\/tr>\n
\u015eok <\/td>\n 123 <\/td>\n 73 <\/td>\n<\/tr>\n
Tofa\u015f <\/td>\n 326 <\/td>\n 278,80 <\/td>\n<\/tr>\n
THY <\/td>\n – <\/td>\n 494 <\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/p><\/div>\n

“G\u0131da perakendecileri g\u00fcvenli liman” <\/b><\/p>\n

G\u0131da perakendecilerini g\u00fcvenli bir liman olarak g\u00f6ren raporda, sekt\u00f6rde B\u0130M ve Migros \u00f6ne \u00e7\u0131kar\u0131l\u0131rken, \u015eok Marketler i\u00e7in yat\u0131r\u0131m tavsiyesi ‘N\u00f6tr’ seviyesine d\u00fc\u015f\u00fcr\u00fcld\u00fc.<\/p>\n

Yeni d\u00f6nemi ihracat\u00e7\u0131lar i\u00e7in bir b\u00fcy\u00fcme evresinin ba\u015flang\u0131c\u0131 olarak g\u00f6ren JPMorgan, Ar\u00e7elik’in, yeniden yap\u0131land\u0131rma \u00e7abalar\u0131n\u0131n kar\u015f\u0131l\u0131\u011f\u0131n\u0131 almaya ba\u015flamas\u0131, faiz indirimleri ba\u015flarken nakit ak\u0131\u015f\u0131 finansman\u0131n\u0131n iyile\u015ftirilmesi ve \u00f6zellikle Avrupa’da devam eden hacim b\u00fcy\u00fcmesiyle en \u00f6nemli d\u00f6n\u00fc\u015f\u00fcm hikayesi oldu\u011funu vurgulad\u0131.<\/p>\n<\/div>\n

\n

Ford Otosan i\u00e7in y\u0131ll\u0131k y\u00fczde 14 ihracat hacmi b\u00fcy\u00fcmesi tahmin edilerek, kar marjlar\u0131n\u0131n azalan envanter etkisi nedeniyle toparland\u0131\u011f\u0131na dikkat \u00e7ekti.<\/p>\n

Enflasyon analizi <\/b><\/p>\n

Raporda JPMorgan’\u0131n makroekonomik g\u00f6stergeleri izleyen ekibinin T\u00fcrkiye i\u00e7in 2025 enflasyon beklentisinin y\u00fczde 26 oldu\u011fu hat\u0131rlat\u0131ld\u0131.<\/p>\n

Dezenflasyon d\u00f6nemine ge\u00e7erken, daha \u00f6nce y\u00fcksek enflasyon ortam\u0131nda geli\u015fen \u015firketler art\u0131k marj bask\u0131lar\u0131yla kar\u015f\u0131 kar\u015f\u0131ya kalabilece\u011fini belirten JPMorgan bu zorlu\u011fun devam etmesi beklenirken, g\u0131da perakendecileri personel maliyetlerinin br\u00fct marj bask\u0131s\u0131n\u0131 dengelemesi sayesinde enflasyonun \u00f6n\u00fcnde FAV\u00d6K’\u00fc art\u0131rma f\u0131rsat\u0131na sahip oldu\u011funu s\u00f6yledi.<\/p>\n<\/div>\n<\/p>\n

<\/p>\n

Kaynak :\u00a0https:\/\/www.bloomberght.com\/jp-morgan-bist-in-tuketiciye-yonelik-sirketlerinde-hedef-fiyat-degistirdi-3736736<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

JPMorgan, devam eden dezenflasyon s\u00fcrecinin t\u00fcketiciye y\u00f6nelik faaliyet g\u00f6steren \u015firketler \u00fczerindeki etkisini inceledi.<\/p>\n","protected":false},"author":1,"featured_media":20459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[227,224,222,182],"manset":[],"class_list":["post-20458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-enflasyon","tag-fiyat","tag-raporda","tag-sirket"],"_links":{"self":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/20458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/comments?post=20458"}],"version-history":[{"count":1,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/20458\/revisions"}],"predecessor-version":[{"id":20460,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/20458\/revisions\/20460"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/media\/20459"}],"wp:attachment":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/media?parent=20458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/categories?post=20458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/tags?post=20458"},{"taxonomy":"manset","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/manset?post=20458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}