Deutsche Bank raises Africa-Israel target price

Deutsche Bank has raised its target price for Africa-Israel Investments Ltd. (TASE:AFIL; Pink Sheets:AFIVY) from NIS 370 to NIS 475 while reiterating its “Buy” recommendation for the share. The target price is 17% above today’s opening price of NIS 405.80. The share rose 1.4% in morning trading. Its market cap is NIS 20.5 billion.