Motor Oil target price raised to 81 euros by Piraeus Securities

Piraeus Securities has raised its target price for Motor Oil to 81 euros, up from a previous target of 61 euros, maintaining an ‘Outperform’ rating. This adjustment implies a potential upside of approximately 16% based on recent closing prices.

The upward revision is driven by improved mid-term prospects and an expected stronger refining environment in the third quarter of 2026. Analysts project adjusted EBITDA for the company to reach 2.12 billion euros for the 2026 fiscal year, a significant increase from previous estimates.

Furthermore, the firm forecasts a dividend of 3 euros per share for 2026, compared to an estimated 1.75 euros for 2025, representing an estimated dividend yield of 4.3%.